Tag Archives: energy
Sparks Are Flying in the Energy Complex
The broad-based S&P GSCI started Q4 2021 off with a bang; as of October 5 it was up 3.9% for the month and 44% YTD. The spot version of the index has reached its highest level since October 2014. Natural gas and the petroleum complex have continued their dominance of the commodity charts, filling out…
- Categories Commodities
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- Commodities
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The S&P GSCI Was Energized in September
The S&P GSCI, the broad commodities benchmark, rose in September by 6.0%. Energy-related commodities were the outperformers on the back of what may prove to be a lasting global energy supply crunch. Agriculture and metals were mostly lower over the month. Record natural gas and electricity prices in Europe, record coal prices in China, multi-year…
- Categories Commodities
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- Commodities
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Commodities Rise with Inflation in July
The S&P GSCI rose for a fourth consecutive month, by 1.6% in July, as the main positive catalysts of 2021 remained in play. Many individual commodities constrained by supply chain bottlenecks and disruptions continued to be in deficit around the world. Half of the U.S. experienced drought conditions last month, compared to 25% this time…
- Categories Commodities
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- Commodities
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One Year after the Rapid Reset
What a difference a year makes. April 21, 2021, marks the one-year anniversary of the S&P GSCI’s low. Since then, we have entered a different economic, social, and geopolitical environment, and the S&P GSCI was up 60% as of April 19, 2021. On March 26, 2020, three days after the low in the S&P 500®,…
- Categories Commodities
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Capturing the Past, Present, and Future of Commodities with the S&P GSCI
After three decades of helping investors make more informed decisions and providing index-based access to diversification, liquidity, and inflation protection – what’s next for this index icon?
- Categories Commodities
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Celebrating 64 Years of the S&P 500
The S&P 500® was launched on March 4, 1957, and so yesterday marked its 64th birthday. To celebrate this milestone, a number of my colleagues and I recently appeared on our Index Investment Strategy team’s weekly call (sign up for the daily dashboard to receive the invite). If you couldn’t make it, here are a…
- Categories Equities, S&P 500 & DJIA
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- Equities, S&P 500 & DJIA
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Copper Crashes the Energy Party in February
An inflationary tide lifted almost all commodity boats in February 2021. Most constituents of the S&P GSCI rose while gold, the commodity that market participants often look to for inflation protection, lagged. The S&P GSCI rose 10.6% overall in February, with copper and energy doing most of the heavy lifting. After a strong January, the…
- Categories Commodities
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- Commodities
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Why Clean Energy Now
The U.S. Energy Information Administration (EIA) forecasts that power generation coming from renewable sources, such as wind, solar, hydro, and geothermal, should provide the majority of the world’s energy needs by 2050.1 The use of renewable energy has been increasing significantly over the last decade, however its current level of consumption still lags those of…
- Categories ESG
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A Reversal, or Two
For many equity investors, the stand-out theme of last year was the reversal in the market’s initial response to, and recovery from, the COVID-19 pandemic: the dramatic price declines in March, the wild swings around the bottom as VIX® marked its highest closing level ever, and the just-as-dramatic recovery to new all-time highs by late…
- Categories Equities, S&P 500 & DJIA
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Reflecting on the Inflection Points of 2020
Last year might end up being known as the year of countless inflection points. Narratives that were playing out over months and years were accelerated or reversed with volatility not seen since World War II. Among commodities, there were new all-time highs hit in gold and new all-time lows that reached into negative territory for…
- Categories Commodities
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