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Analyzing Commodities, China’s Slowdown

Mark O'Hara
Analyzing Commodities, China’s Slowdown

As we noted in the previous part, metals and mining stocks including Freeport-McMoRan (FCX), U.S. Steel Corporation (X), and AK Steel (AKS) are trading with a double-digit year-to-date loss. The sector has underperformed broader equity markets. The SPDR S&P 500 ETF (SPY) is still positive for the year. In this part, we’ll see what’s really wrong with commodities and commodity producers.