04.02.2014 - Commodities: Winter is coming
A month into 2014, the winning position in the commodities market is to be frozen with fearóliterally. Last year was, on average, another one to forget for investors in raw materials: The Dow Jones-Commodity index fell 10% against a 24% increase in the MSCI World Index of stocks. But those trends reversed in January. The MSCI index finished the month down 3.7%, while the DJ-UBS index eked out a slight gain. But as rallies go, this one is at best a two-horse race. It is fortunate for investors in the DJ-UBS that its biggest component, weighing in at nearly 14.5%, is U.S. natural gas. Near-term gas futures returned about 18% in January amid America's big freeze...............................................Full Article: Source
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