NIB - DBA: Agricultural Commodities Set To Gain On Rising Yuan And Global Shortage

September, 02 2020 12:46 PM iPath Bloomberg Cocoa Subindex Total Return SM IndexETN

The past few months have seen a historically weak asset class have stellar performance: agricultural commodities. These commodities are not followed as closely as gold and oil, but when they rise it tends to create an increase in global social unrest. They are also highly uncorrelated to other asset classes which means they're an alpha-opportunity for investors.

As I wrote about late last year in "DBA: Food Inflation Is Rising At An Accelerating Pace" there has been a growing global shortage of food. This has only become more problematic in 2020 as

Company Name:	iPath Bloomberg Cocoa Subindex Total Return SM IndexETN
Stock Symbol:	NIB
Market:	NYSE

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