With a yield-to-maturity of only 2%, how much lower can it go (or prices of bonds rise) given that the 'real' rate of return is now negative? Deteriorating global economic growth will soon cause spreads to widen (a good portion of these ETF bond funds are in higher yielding corporate bonds) which will hurt bond prices.
Freeport McMoRan is the largest global supplier of copper. China is a massive consumer of the commodity. Economic stimulus and reboot of China's economy will increase demand for the commodity and prices.
The worst of the troubled industry seems to be over. Good results from Canopy and continued management restructuring in other companies having the desired effect. Oversold sector has room to go 'higher'.
Safety in the bond market is at the very short end (as short rates rise, can reinvest at higher rates) and the very long end (rates should decline as economic news deteriorates due to stalled Chinese economy). Most risk is in the 10 year range.
Copper looks ready to rebound. Chinese production fell in January, and warehouse inventories have been falling for months. A spike in demand from China post-coronavirus slowdown of their economy is expected.
The promise of better weather this growing season (Farmer's Almanac) than terrible 2019, Locusts in Africa destroying crops and possible higher demand in China for agricultural products should improve sales for nutrients. Canada has the 2nd largest reserves of Potash in the world, and is the leader in terms of global production. One advantage for the price of...
The disruption of tanker supplies to customers should boost prices of commodities and declining natural gas prices, the feed stock for methanol, will widen profit margins of companies like Methanex. The stock also has a dividend yield.
The Commerce Department ruled recently that tariffs imposed on most Canadian lumber sold south of the border could be reduced, after conducting an administrative review of anti-dumping and countervailing duties applicable for 2017 and 2018. This will mean a boost to cash flow and profits for the Canadian lumber companies. Also, lumber prices have been rising.