Commodity Indexes

The broad-based Vista Commodity Index™ of 15 diversified commodity futures was unchanged to 3 decimal places in November and to two decimal places for 11/30/2017 year-to-date. The Bloomberg  (BCOM, formerly Dow Jones-UBS) and S&P GSCI commodity indexes, down 2.09% and up 0.05%, respectively, were likewise mired in the low inflation, low demand world environment.

Returns of the 15 commodities composing the Vista Commodity index show the dismal results.

Copper was the leader as it benefitted from its traditional correlation to housing and the stock market, both sharply up for the period. Softs were down across the board, energy was lackluster and gold is up less than 10%. The rise in this year's demand was wholly offset by aggressive suppliers.  The outlook for commodities will rise and fall with world demand and the ability of suppliers and technology to keep up or fall off.

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