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