2024-04-04 11:00:00 ET
Summary
- What is clear is that a number of broad-brush commodity funds are rebounding in 2024 after a down year for the asset class in 2023.
- In contrast with market-cap-weighted index funds for stocks, a much deeper dive is required for understanding and choosing broadly defined commodities funds.
- Veteran trader Jim Rogers sees support for commodity prices coming from monetary policy.
In mid-December, CapitalSpectator.com mused: “Are Commodities A Compelling Contrarian Trade For 2024?” The answer so far this year continues to be “yes,” as a rally for prices of raw materials continues to bubble after a rough 2023 in this corner of global markets....
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Commodities Continue To Lead Major Asset Classes In 2024