Commodities Facing Another Tough Year in 2018, JPMorgan Says
Oil Not Yet Ready to Breakout to $60, Says Baruch
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Overall commodity returns have been lackluster this year, and face more poor performance in 2018, according to JPMorgan Chase & Co.
To make money, traders will need to pick assets, such as agriculture, and play short-term trends to take advantage of price swings, rather than buying and holding a broad basket of commodities, wrote analysts including John Normand in the bank’s outlook for 2018.