JPMorgan recommends getting overweight commodities (DBC) for the first time in 2 years, but...

|By:, SA News Editor

JPMorgan recommends getting overweight commodities (DBC) for the first time in 2 years, but warns the call isn't an "all-clear" signal, but instead a view on term structure in energy, which dominates most indices. Momentum is still negative in metals but prices - particularly for gold and copper - are at levels which should spur production cuts and fresh demand.