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What is Commodity Stocks Surge Amid Market Rally about?

Commodity stocks have strengthened significantly after consistently underperforming for over four years, bottoming earlier than the broader market. They have continued climbing despite bearish news, indicating that bad news has been priced in. Various commodity stocks are up 50-100% from their lows, showing the power of low expectations coupled with a positive catalyst like steel tariffs. While economic data suggests an industrial recession may be bottoming, it is too early to declare a new commodity bull m

Author

Jesse Daley

Language

EN