Carvana's Debt Restructuring Surge Boosts Online Retail ETFs
Carvana is surging, lifting online retail ETFs, thanks to a debt restructuring agreement that will lower the existing by over $1.2 billion.
Stay updated with breaking news from Commodities Channel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Carvana is surging, lifting online retail ETFs, thanks to a debt restructuring agreement that will lower the existing by over $1.2 billion.
The equity markets are looking for a continuation of what I’ve recently called the plotline: declining inflation and a tightening of the labor market.
The next commodity supercycle could be bigger than any one country—even the world’s largest commodity buyer.
A U.S. drought is providing the push for corn to go higher, but the pull of a Brazilian surplus is balancing out prices for the commodity.
Advisors should consider adding commodities to client portfolios for diversification purposes. They just need to decide how they will do it.