Last week’s strong rally in commodities expanded the performance lead for the asset class over the rest of global markets, based on a set of ETFs through Friday’s close (May 17).

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* Iran’s president dies in helicopter crash
* Gold rises to record high in early Monday trading
* Copper hits record high in anticipation of deepening supply shortages
* Do the new Biden tariffs mark the end of cheap Chinese goods for US?
* US Leading Economic stays negative in April as growth persists:

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