3Q Commodity Outlook: Have Commodities Peaked?: BI Replay
Broad commodities may have set an enduring high in 1H reminiscent of 2008, with a big difference: energy led the rally 17 years ago. This time it's metals, or was. The Bloomberg Commodity Spot Index, which was up 28% in 2026 to its May peak, has retreated to about a 10% gain to July 6, roughly matching the S&P 500. Are commodities at risk of becoming sock puppets of the record-setting stock market?
Please join Bloomberg Intelligence analysts Mike McGlone, Will Hares, Grant Sporre and Jason Miner as they cover the macro, energy, metals and agriculture sectors in this July 9 webinar.