Beaten-down commodity markets may be tempting investors to start adding the asset class to their portfolios as they seek to diversify even as the epic stock market bull run continues to divide opinion . After years of underperformance, the broad commodity market finished the year with an impressive 17.6% gain, leading to a cross-section of experts calling an end to the 8-year bear market. However, we might need to pump our brakes here before going all in. Although all major asset classes finished the year in the black, individual commodity returns were all over the map with the pivotal energy sector again emerging as the worst performer. A more nuanced view of the most widely traded commodities reveals a rather soft underbelly, suggesting that the market is not out of the woods yet. The Bloomberg Commodities Index (BCOM), the most widely used benchmark for the commodities market tracked by […]