Wonder what will happen to commodity ETFs, with all the regulatory uncertainty out there. As you probably have heard, Deutsche Bank has halted PowerShares DB Crude Oil Double Long Exchange-Traded Note (DXO), which provides the investor with a 200% return of the DB Optimum Yield Crude Oil Index, an index of crude oil futures, meaning [...]
Oil on running streak
Posted by admin on Friday, May 22nd 2009
Oil has been on a running streak lately. While most stocks were down yesterday, oil seems decoupled from the fundamental problems of the economy to some extent and once again more influenced by the US dollar to oil price relationship lately. Might be worth rebalancing the portfolio a little to hedge against a weak dollar. A way to [...]
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