NASDAQ:FTGC - Nasdaq - US33739H1014 - ETF - Currency: USD
Mentions: FAAR
Mentions: FAAR
Global commodity prices are soaring due to the war between Russia and Ukraine, which is aggravating an existing global supply chain crisis. Thus, we think investing in commodity ETFs Invesco DB Commodity Index Tracking Fund (DBC), First Trust Global Tactical Commodity Strategy Fund (FTGC), and iShares S&P GSCI Commodity-Indexed Trust (GSG) could be profitable. Read on to learn why.
This year’s enthusiasm for exchange-traded funds is so intense that even the most-expensive varieties are raking in cash.
Amid all the hoopla surrounding the stock market—new records on an almost daily basis—something has been quietly developing in a non-correlated corner. Commodities have been rising off a mid-summer bottom.