Commodity Markets - It's the Trifecta Effect! Things move in cycles and Commodities in general have been long forgotten. Dec 11, 2020 | 12:30 PM EST When looking at one's screen and seeing that all Commodities are up 2%+ on any given day, regardless of one's fundamentals, it smells of portfolio asset allocation towards Commodities. Such indiscretion in the moves seen on the day is reminiscent of money coming into the sector. The last time we saw a bull market in Commodities was back in 2015 following the surge in Chinese stimulus buying post the Yuan devaluation. Before that, the secular bull market in Commodities reached a peak in 2011. Since 2018, President Trump's trade wars has put a lid over Commodities and goods demanded by China in general, given the tariffs and slowing down of world demand prior to the Covid-19 pandemic. This trend was exacerbated when the pandemic hit as markets and Commodities in general collapsed across the board. Since then, not only have most Commodities recovered their March levels, some are making new all-time highs like iron ore, steel, copper, and others. What is going on and what caused this paradigm shift?