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5 Reasons for the Commodity Boom: ETFs to Play

Oct 13, 2021 - Nasdaq

After a decade of underperformance, commodities are experiencing a huge rally thanks to optimism over global economic growth, reflation trade, widespread vaccination, the chances of approval of more COVID-19 antiviral pills, rising consumer confidence and higher housing price. The Dow Jones Commodity Index jumped about 70% in the year to June. Let’s delve a little deeper. Subdued Greenback The massive liquidity injections by the Fed and the resultant subduedness in the strength of the greenbac...