Commodities Returns YTD and Expectations For Rest of Year Tuesday August 14, 12:48 am ET
Hickey and Walters (Bespoke) submit: Below we highlight the year to date performance of 20 commodities. As shown, Lead has been the best performer this year with a gain of 84%. The worst performer has been Zinc at -19%. Interestingly, Oil is up 9% while Natural Gas is down 8%.
In the second chart, we provide the median expected percentage change (based on analysts surveyed by Bloomberg) of the same commodities from now to the end of the year. Nickel and Natural Gas are expected to gain the most, while Uranium, Tin and Lead (the ones currently up the most) are expected to give back their gains. Analysts are looking for Oil to fall 12% and Gold to rise by 3%.
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