| This was supposed to be the year when commodities, from agriculture to energy to metals, were going to outshine equities thanks to tight supplies and a favorable economic outlook. Instead, most commodity markets have plummeted year-to-date, with some now hovering at four-year-lows, while the U.S. equity market has forged new highs.
There are several explanations for what happened. Some say the supply shocks that marked the beginning of the year met enormously benign growing-season weather across much of the U.S. this summer. Markets such as grains and livestock have been hugely pressured by abundance at a time when global demand is relatively uncertain...............................................Full Article: Source
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