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BofA's Hartnett Sees the Surge in Commodities Lasting for Years
News April 10, 2026 at 08:29 AM
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What You Need To Know
- One commodity index is up 35% since early 2025, more than double the return of the S&P 500 over the same period.
- Geopolitics is being driven by the “need to monopolize commodities,” said Michael Harnett.
- Crude oil, in particular, has soared this year as Iran closed the Strait of Hormuz.
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