, Columnist
Diversifying With Commodities? Watch How They Roll
They’re useful up to a point in balancing a 60/40 portfolio, but require more active care than passive buy-and-hold strategies.
Handling with care: A liquefied natural gas tanker in Louisiana.
Photographer: Mark Felix/BloombergThis article is for subscribers only.
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Times like these call for commodities. That’s what common sense dictates, and it’s one of those rare occasions when experience and theory agree; in times of inflation, commodities are a better bet than either stocks or bonds. The latter stand to be damaged by inflation, while the former actively contribute to it. And indeed, commodities have had a great time of it since the inflation scare began to take hold early last year.