Stick to broad commodities exposure amid China power crunch, market analyst says (via ETFEdgeCNBC)
Though exchange-traded fund buyers have poured nearly $12 billion into China-based ETFs this year, trying to profit from one piece of the crisis may not be the best strategy, ETF Trends' Dave Nadig told CNBC's"What we're really understanding or starting to understand is the interconnectedness between the energy markets, industrial production and industrial metals, and I think it's a little bit tough to play an individual one of those," the firm's chief investment...
"Of course, there are other more specific investments like gold, for example, like oil. There are other ways that you can get much more specific in terms of targeting different commodities," said Rhind, whose firm also runs the popular"Whether you're worried specifically about energy, whether you're worried about food prices, whether you're worried just about inflation itself, there are ways you can find that in the ETF market," Rhind said.
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