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Commodity Prices on an Unstoppable Rally: ETFs to Benefit


Commodity Prices on an Unstoppable Rally: ETFs to Benefit
Zacks.com
3 hrs ago
After 10 years of underperformance, commodities are on an unstoppable rally this year thanks to recovering global economic growth from the pandemic lows, reopening economies, reflation trade and massive stimulus flows. The central banks across the globe have injected trillions of dollars to stave off the pandemic-ravaged economy.
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A weaker greenback added to the strength as it makes dollar-denominated assets attractive for foreign investors, raising the appeal for commodities. This is because commodities are often viewed as a hedge against inflation and a weaker dollar (read: 3 ETFs to Protect Against Inflation). ....

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Top COVID-19 Vaccine Stories of April Put Biotech ETFs in Focus


Top COVID-19 Vaccine Stories of April Put Biotech ETFs in Focus
Zacks.com
5/4/2021
The world’s largest economy has started to witness a decline in the number of new coronavirus cases. In fact, the seven-day average of daily cases dropped to under 50,000, down 17% from the previous week (as of May 1), per a CNBC article. There has been a decline in the number of hospitalizations as well along with a decreasing death toll from coronavirus infections.
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In fact, former U.S. FDA commissioner Scott Gottlieb is predicting a “relatively quiet summer when it comes to coronavirus spread,” as mentioned in a CNBC article. Going by the same article, he has said on CBS News that “look, the situation in the U.S. continues to improve, and I think in the coming weeks we are going to see an acceleration in the decline in cases.” ....

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