Commodities are bad long term bets… Commodities are a stabilizer for portfolios… they let you take more risk in other parts of your portfolio because they are

Commodities are bad long term bets… Commodities are a stabilizer for portfolios… they let you take more risk in other parts of your portfolio because they are easily marketable, non-productive assets. Equities on the other hand have unknown amounts and timing for cash flows. Hence people bid the value of stocks up, down, and all around.