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No. of Recommendations: 1

[Market Outlook] Mixed Message

• With inflationary pressures taking effect, Soft commodities are exploding but could be running a bit rich in the short-term.
• The dollar remains under pressure on a longer-term basis.

Three commodities (Related equity funds) are moving up contrary to the Market trend.

SPDR S&P Metals and Mining (XME)
iShares MSCI Global Metals & Mining Producers (PICK)
iShares Commodities Select Strategy (COMT)

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