6.23.22 Are Commodities Cracking?
As both consumers and the Federal Reserve battle persistent, rising inflation, one of the most prominent inflationary tailwinds has been broad based commodity price increases. But could that tailwind to inflation be turning into a headwind? Today we explore the commodity landscape and why the recent downturn may be a positive for equity investors.
The Bloomberg Commodity Index consists of four major subgroups: Precious Metals, Industrials Metals, Agriculture and Livestock, and Energy. For today’s blog, we’re going set aside precious metals, as gold prices have completely avoided participation in the commodities rally
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