1154 days ago • Posted by William Ramstein
Commodities spot index continues surge
Hedge funds have piled into what’s become the biggest bullish wager on the asset class in at least a decade, a collective bet that government stimulus plus near-zero interest rates will fuel demand, generate inflation and further weaken the U.S. dollar as the economy rebounds from the pandemic. The asset class is typically seen as good hedge against inflation. Source: Bloomberg
