When Broad Commodities Tumble, Consider Carbon Allowances
June 01, 2023 at 18:13 PM EDT
Commodities face several headwinds as a U.S. recession looms over the second half of the year. Broad commodities are down year-to-date but California’s carbon allowances are up, and the KraneShares California Carbon Allowance ETF (KCCA) offers exposure. Oil and natural gas prices continue to fall in the U.S. as stockpiles grow. Wheat, copper, and a number [...] The post When Broad Commodities Tumble, Consider Carbon Allowances appeared first on ETF Trends .
