VanEck CEO recommends investing in commodities due to global expansion driven by China's PMI and reflation trade, highlighting copper's momentum.

VanEck CEO Jan van Eck suggests that investors should consider commodities due to a "big change" in global expansion, particularly driven by China's positive manufacturing PMI and reflation trade. Van Eck's firm, which has exposure to various commodities, highlights copper's momentum as a positive sign for demand. The S&P GSCI Index Spot, which tracks various commodities, is up 10% this year.

April 20, 2024
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