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The Investor Sentiment - Equity and investments forum for Sri Lankans

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    Commodities Enter Bull Market, Ending Five-Year Selloff: Chart

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    • Post n°1

    Commodities Enter Bull Market, Ending Five-Year Selloff: Chart Empty Commodities Enter Bull Market, Ending Five-Year Selloff: Chart

    Post by Backstage Tue Jun 07, 2016 12:01 pm

    http://www.bloomberg.com/news/articles/2016-06-06/commodities-enter-bull-market-ending-five-year-selloff-chart

    Sophie Caronello
    June 7, 2016 —

    Commodities entered a bull market on Monday, ending a five-year rout, as supply constraints drive up prices in everything from soybeans to zinc, and help the asset class outperform bonds, currencies and equities so far in 2016. The Bloomberg Commodity Index, which tracks returns from 22 raw materials, closed 21 percent above its low on Jan. 20, meeting the common definition of a bull market. The index is still down about 50 percent from its high reached in 2011.
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