What a reversal today, eh? Jeeeeeeeeez. Anyway, just a glance at a couple of big commodity-focused funds, showing how the world of commodities (which everyone seems bullish about, since it’s an “inflation trade”, straight from the early 1970s) is going south.
PowerShares DB Commodity Tracking (NYSE:DBC) Chart:
PowerShares DB Agriculture (NYSE:DBA) Chart: