commodities
Commodities
Purpose
Analyze commodity markets including futures curve dynamics, roll yield mechanics, commodity index construction, and supply/demand fundamentals. This skill covers the unique return drivers of commodity investing and the critical distinction between spot returns and futures-based returns.
Layer
2 — Asset Classes
Direction
both
When to Use
- User asks about commodity investing, commodity ETFs, or commodity futures
- User asks about contango, backwardation, or futures curve shape
- User asks about roll yield or the cost of rolling futures contracts
- User asks about commodity indices (S&P GSCI, Bloomberg Commodity)
- User asks about storage costs, convenience yield, or cost of carry
- User asks about commodities as an inflation hedge
- User asks about supply/demand fundamentals for specific commodity sectors
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