Investors seeking markets uncorrelated to the stock market may look to commodities. Commodities are the raw materials that are either consumed or used to build other products. From orange juice to cotton, oil and gas to gold, commodities take many forms.
Although the negative headlines drove the price action early in the week, by the end of the week, they really didn’t matter after Gao Feng, China’s Ministry of Commerce spokesman said, “external rumors” about trade talks are not accurate, and noted the two trade delegations remain in close communication.
European PMI’s for November were mixed