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A StockCharts analysis argues that commodities, which have lagged for nearly a decade, may perform better in 2020 as the economic expansion matures and the US dollar potentially weakens. The author notes that commodity and dollar indices have usually moved in opposite directions.
A weaker dollar typically lifts dollar-priced commodities, so this outlook points to supportive pricing for raw materials if the trend holds.
articles.stockcharts.comJohn MurphyDec 26, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
