Cullen Roche has a good post looking at various global indices, and how badly they’ve done over the last decade.
The one he calls a “stunner” and we agree is the CRB commodity index. It’s only up 35% over 10 years, which may be decent, but remember, we’ve been hearing about this huge super-cycle in commodities for a long time, and gains of just 3% per year are pretty meh.
Photo: Cullen Roche
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