Deep Dive: Commodities roller coaster shows no sign of slowing down

Chinese economy key outlook

clock • 3 min read

Darius McDermott, managing director of Chelsea Financial Services, dives into the world of commodities

The topsy-turvy ride for commodities shows no signs of slowing down anytime soon. It started a few months ago, with talk of a post-Covid super-cycle when commodity indices rallied as government stimulus and low interest rates fuelled inflation expectations. The S&P GSCI - a benchmark of 24 commodities in agriculture, energy and metals - has returned 40% year-to-date, a stark contrast to the 26% fall seen in 2020. Unfortunately, the outlook for this asset class can change faster than most; and concerns about the Delta variant - alongside fears of China's construction sector being in st...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Deep Dive: Gold has room to run for those diving into miners

Deep Dive: Gold has room to run for those diving into miners

Cemented its safe haven status

Maria Nicholls
clock 27 June 2025 • 4 min read
Goldman Sachs AM heeds caution about running into energy stocks

Goldman Sachs AM heeds caution about running into energy stocks

Brent crude up 20% over the month

Linus Uhlig
clock 19 June 2025 • 2 min read
Kepler Partners' Josef Licsauer: Ways to play the gold rally

Kepler Partners' Josef Licsauer: Ways to play the gold rally

Hitting all-time highs

Josef Licsauer
clock 02 April 2025 • 5 min read
Trustpilot