A broad, equal-weighted measure of commodities topped last week’s wide-ranging gains across the major asset classes, based on a set of exchange-traded funds. In close pursuit: US and emerging markets stocks.
Wisdom
Tree Continuous Commodity Index Fund (NYSE:GCC) won last week’s horse race by a hair, delivering a 4.2% gain for the trading week through Oct. 9. Profiling the ETF on a weekly basis continues to show an ongoing rebound from the March coronavirus crash. But GCC may struggle to break above recent highs without a continuation of reflationary fuel in the economic data and news headlines.
GCC Weekly Chart (Image not shown due to low ratings)
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