Commodities Prices Tumble Over Trade War Fears

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Includes: BCI, BCM, BNO, CMDT, COM, COMB, COMG, COMT, DBC, DBO, DBRT, DDM, DDP, DEE, DIA, DJCI, DNO, DOG, DPU, DTO, DWT, DXD, DYY, EEH, EPS, EQL, FAAR, FEX, FTGC, FWDD, GCC, GSC, GSG, GSP, HUSV, IVV, IWL, IWM, JHML, JKD, OIL, OILD, OILK, OILU, OILX, OLEM, OLO, OTPIX, PDBC, PSQ, QID, QLD, QQEW, QQQ, QQQE, QQXT, RJI, RSP, RWM, RYARX, RYRSX, SCAP, SCHX, SCO, SDOW, SDS, SFLA, SH, SMLL, SPDN, SPLX, SPSM, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, SZO, TNA, TQQQ, TWM, TZA, UBRT, UCI, UCO, UDOW, UDPIX, UPRO, URTY, USAI, USCI, USL, USO, USOD, USOI, USOU, UWM, UWT, VFINX, VOO, VTWO, VV, WTID, WTIU
by: TD Wealth

Summary

Why are U.S. tariffs hurting commodities prices?

Where could the price of oil head to?

How likely is it a recession is on the horizon?

Commodities are bearing the brunt of the trade war between the U.S. and China as prices have dropped to the lowest level in five months. Bart Melek, Head of Global Commodity Strategy, TD Securities, talks to Kim Parlee about where prices are headed, which commodities are under pressure and which are bucking the trend.