Commodity Fund Notes Prices And Economic Data Not In Line

Coming off a -1.16% loss in February, Armajaro Commodities Fund, with nearly $715 million under management, notes the dichotomy of commodity market bullishness in the face of economic weakness. In face of weak economic data, commodity prices rose In an investor letter reviewed by ValueWalk, Armajaro put the issue in perspective by noting the forward looking nature of the commodity markets as a potential driver of price:  “Weaker data out of the US, principally another disappointing payrolls report, reflects the slowdown in growth since the start of the year,” the report said, stating the fact. “However, the recent US data…