1060 days ago • Posted by William Ramstein
Investors pour into commodities as the American economy restarts
With an American economic revival underway, the frenzy for raw materials now accounts for more than half of the 20 best-performing exchange-traded products this year. That’s a rare degree of outperformance for the inflation-sensitive sector. Even after Wednesday’s big swoon, investors have allocated $2.6 billion this month to track everything from lumber and corn to oil as consumer activity picks up, construction surges and supply-chain bottlenecks intensify.
Source: Bloomberg
