CTAs Exposure to the U.S. Dollar After betting against the U.S. dollar, Commodity Trading Advisors are easing up on their shorts and edging toward neutral. Few will be surprised as the greenback finds support when the world gets nervous. Image: Deutsche Bank Asset Allocation
Inflation – U.S. ISM Services Prices vs. Super Core PCE History shows the U.S. ISM Services Prices Index tends to lead super core inflation by five months, which means sticky prices aren’t going anywhere soon. Image: Deutsche Bank
Flows into Metals Funds Commodity funds—especially those tracking gold and silver—have seen a surge of inflows in recent weeks, fueled by geopolitical jitters, bets on Fed rate cuts, and steady central bank buying. Image: Goldman Sachs Global Investment Research
CTAs Allocation in Oil Given the current market climate, Commodity Trading Advisors have notably raised their exposure to oil. Image: Deutsche Bank Asset Allocation
Commodities Rolling 10-Year Annualized Returns Historically, commodity bull markets have lasted for extended periods, often a decade or more, and have the potential to generate substantial returns for investors who maintain their exposure throughout the cycle. Image: BofA Global Investment Strategy
Commodities Total Returns Several commodities have experienced significant rallies so far this year. Will this trend persist in the coming months? Image: Goldman Sachs Global Investment Research
Commodities – Performance of the S&P GSCI Across Supercycles Goldman Sachs expects the S&P Goldman Sachs Commodity Index to return 43% in 2023. Image: Goldman Sachs Global Investment Research
CRB Raw Industrials (Commodities) and Russell 2000 : Value vs. Growth Stocks Should investors expect value stocks to outperform growth stocks in a context of rising commodity prices? Image: Alpine Macro
Correlation Between Commodities and the U.S. Dollar Normally, there is an inverse correlation between commodity prices and the U.S. dollar. Image: The Daily Shot
S&P 500 Index vs. Commodities The sharp rise in commodity prices could be bearish for U.S. stocks. Image: Real Investment Advice
Commodities – Long History of Booms and Busts Should investors expect a long-term commodity boom? Image: Real Investment Advice