Broadly defined commodities and US shares posted the highest gains for the major asset classes during the trading week through Friday, June 19, based on a set of exchange-traded funds.
The top performer, by far: the iShares S&P GSCI Commodity-Indexed Trust (GSG), which rose 3.2% last week. The gain marked the ETF's seventh weekly advance during the past eight weeks.
Focusing on the tailwind of late for commodities, The Wall Street Journal today reports: "Prices for raw materials including oil and copper are surging as the world economy reopens for business, a signal to many