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JO - Coffee: The Last Cheap Commodity?
November, 19 2020 02:05 AM
iPathA Series B Bloomberg Coffee Subindex Total Return ETN
Many commodities have switched from bear to bull markets over the past 6 months. Starbucks now gets 10% of its revenue from China, following a massive investment in the Middle Kingdom. A drop in demand due to the coronavirus is responsible for much of the weakness we are seeing in coffee. For further details see:
Coffee: The Last Cheap Commodity?
Stock Information
Company Name:
iPathA Series B Bloomberg Coffee Subindex Total Return ETN
Stock Symbol:
JO
Market:
NYSE
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