Indexology®: Mid-Year Commodity Checkup: Alive Despite The Flatline
July 02, 2015 at 06:30 AM EDT
On the surface, the most basic commodity beta, the S&P GSCI, hasn’t done much in 2015. It is down just 21 basis points (bps) for the year after losing 11 bps in June. Further, only 9 of 24 commodities are positive year-to-date with the overall term structure in contango after two years of...