| Commodities generally marched to different drummers in the first half of 2014. The idiosyncratic responses of individual commodity markets to supply disruptions generated surprisingly strong returns.
Even accounting for these supply interruptions, however, commodity supply is still trending generally stronger amid subdued demand, and so we continue to recommend maintaining commodity positions below long-term target allocations. Nevertheless, we see long-term reasons why investors should continue to include commodities in a diversified portfolio...............................................Full Article: Source
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