CRB Index Hits Another New High; Still Down Over 20% From Peak
Although it seems as though a day doesn’t go by where at least one commodity is spiking to all-time highs, it may be surprising to some that the CRB Commodity Index is still down 22.3% from its all-time high in 2008. After falling more than 57.7% from its peak, the CRB Index has rallied by 83.6%, which is actually a bit less than the S&P 500 which has rallied 96% and is currently down 15.2% from its all-time high.
Source: www.bespokeinvest.com
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