Economics
Commodities Lead Gains as All Assets Climb on Recovering Economy
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Commodities led gains last year as stocks, bonds, the dollar and raw materials rose together for the time since 2005 after the global economic recovery proved resilient.
The Thomson Reuters/Jefferies CRB index of 19 raw materials gained 17 percent in 2010. The MSCI All Country World Index of stocks rose 13 percent with dividends reinvested. Global bonds returned 4.88 percent, based on Bank of America Merrill Lynch's Global Broad Market Index. The U.S. Dollar Index, a gauge against six counterparts, added 1.5 percent. The CRB outpaced the other measures for the first time since 2007.