{"id":55443,"date":"2023-08-31T18:20:39","date_gmt":"2023-08-31T22:20:39","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/another-bullish-sign-for-commodities-money-keeps-fleeing-the-sector\/"},"modified":"2023-08-31T18:20:42","modified_gmt":"2023-08-31T22:20:42","slug":"another-bullish-sign-for-commodities-money-keeps-fleeing-the-sector","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=55443","title":{"rendered":"Another Bullish Sign For Commodities. Money Keeps Fleeing The Sector"},"content":{"rendered":"
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Money keeps fleeing commodities mutuals funds and exchange-traded funds. But that\u2019s likely a good sign, one way or another.<\/p>\n

For each of the five weeks through August 23 such specialized funds lost between $225 million to $976 million recently, according to new data from the Investment Company Institute (ICI) which tracks fund flows.<\/p>\n

While these flows may seen small compared to other categories like equities or fixed-income, the commodities sector tends not to attract American fund investors in the same way.<\/p>\n

No other sector in the ICI lineup showed such consistent outflows over the same period. That includes domestic and foreign stocks, bonds and hybrid funds.<\/p>\n

When investors see such determined, consistent fund outflows then it can mean that investors have become too bearish on that sector.<\/p>\n

However, many market analysts believe that when sentiment lurches to an extreme \u2014 either very bullish or very bearish \u2014 then sooner or later the market is likely to go the other way.<\/p>\n

That could be the case this time, particularly in the agricultural part of the commodities complex.<\/p>\n

Consider the following comment from commodities expert Shawn Hackett, the Boca Raton-based author of the Hackett Money Flow
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\n <\/fbs-ticker> Commodity Report newsletter. He recently wrote this:<\/p>\n

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