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The broad commodity complex continues to rally after breaking above a decade-long downtrend. However, underlying returns are mixed, with natural gas, oats, coffee, and cotton leading the way higher, while industrial commodities such as platinum and palladium sold off in the third quarter. Indicators suggest the divergence in returns could narrow in the months ahead as leaders appear significantly overbought relative to laggards.
The information presented is for informational purposes only and should not be considered as investment advice nor as a recommendation of any particular strategy, allocation or investment product: before making any investment decision, you should seek expert, professional advice and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the laws of your home country and place of residence. Investing involves risk, including the possibility of loss of principal. Any forward-looking statements or forecasts are based on assumptions and actual results may vary from any statements or forecasts.
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