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DoubleLine CEO Jeffrey Gundlach predicted commodities would outperform stocks as the dollar weakens, and analysts agreed. The dollar hit its lowest level in more than three years in the prior week.
A weaker dollar makes dollar-priced commodities cheaper for foreign buyers, supporting broad commodity price expectations, though this is analyst opinion rather than a new supply or demand shift.
cnbc.comNatasha TurakJan 31, 2018Not 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.
