A Sour Ride For The Cocoa ETN
July 29, 2019 at 13:34 PM EDT
Veteran commodities traders know that cocoa is one of the most volatile members of the asset class. The Path Bloomberg Cocoa TR Sub-Index ETN (NYSEArca: NIB) has recently been proving as much and the exchange trade note’s Friday tumble confirms cocoa is an often turbulent bet. The El Nino...