Did I have enough commodity exposure in my own portfolio?
The problems there run the gamut from political instability (e.g. Egypt), corruption (e.g. Russia); current account vulnerability (e.g. India); commodity exposure (e.g. Brazil) and discredited central banks (Turkey).
At best they're a rough proxy for commodity exposure.
Some, like the iPath Dow Jones-UBS Commodity Index Total Return ETN, offer broad commodity exposure.
Take the PowerShares DB Commodity Index Tracking Fund (DBC), my preferred vehicle for broad based commodity exposure.
"We are concerned with the company's commodity exposure and risk to estimates," the research analyst said in Friday's report.
"In spite of the upside, we remain concerned with the company's commodity exposure and risk to estimates from overcapacity in 2006," it said.
"In spite of the upside, we remain concerned with the company's commodity exposure and risk to estimates from overcapacity in 2006," said the firm.
Many investment advisers, including Lowlicht and Lydon, encourage diversification into the base metals, as commodity exposure can help smooth out returns over time.
J.P. Morgan reiterated an "underweight" rating for Micron, saying concern remains over the company's commodity exposure and risk to estimates from overcapacity in 2006.
Put the rest in similar vehicles that own a mix of corporate and government bonds or have a bit of commodity exposure.
