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DJCB - Inflation Expectations Peak?
May, 20 2021 01:45 AM
ETRACS BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN SERIES B
Commodity prices lead inflation expectations, and inflation readings are a lagging economic indicator. After an 8.7% annualized GDP growth rate between 2008 and 2013, China’s growth target over the next 5 years has dropped to 5.3%. The other major reason we suspect inflationary pressures will recede is that what’s inflated most in the past decade is asset prices. For further details see:
Inflation Expectations Peak?
Stock Information
Company Name:
ETRACS BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN SERIES B
Stock Symbol:
DJCB
Market:
NYSE
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