It has been over nine years since the Fed raised interest rates, but today, the Fed raised rates just as expected. While the Fed actions have been well telegraphed, and interest rates are probably the least of worries for commodities, there is one measure that might be worrisome. Although since 1991, rising rates seem not to have […]
Jodie M. Gunzberg is vice president at S&P Dow Jones Indices. Jodie is responsible for the product management of S&P DJI Commodity Indices, which include the S&P GSCI® and DJ-UBS Commodities Index, the most widely recognized commodity benchmarks in the world. Both indices represent the global commodity market and are most commonly used for the historical benefits of inflation protection and diversification to stocks and bonds.
Prior to joining S&P Dow Jones Indices, Jodie worked for more than a decade analyzing commodities in various roles within the investment management and consulting business. Most recently, Jodie was the chief investment strategist for an investment consulting firm. In her role she oversaw more than 350 plans ranging in size from USD 10 million to USD 13 billion and totaling more than USD 85 billion in assets. Jodie has published many industry pieces on hedge funds and commodity investing and is a frequent speaker and moderator. She is commonly quoted by the press and has been a guest on BloombergTV, CNBC, Fox Business and CCTV2.Jodie is a CFA charterholder, member of the CFA Institute and of NYSSA. She is also a former director of the Board of Directors for CFA Chicago. She received her MBA from the University of Chicago, Booth School of Business, and earned a B.S. in Mathematics from Emory University.
Author Archives: Jodie Gunzberg
The CBOE Volatility Index, or what many investors have come to know as VIX, is the index many follow as a volatility indicator for the stock market. The benefit besides printing the “implied” or expected volatility for prices over the next 30 days, giving a range of expected prices 30 days from now, is that it […]
Thus far on the blog, we have written a few pieces about busts in the stock market. David Blitzer wrote, “Whenever this bull market ends, it is likely to be with a bang, not a whimper.” He also wrote about Deflation, Debt and Disaster where he pointed out we may be on the edge of deflation, which […]
For what risk does the commodity investor get paid? At what point is the fear gauge so high the risk gets passed like a hot potato? The answers to these questions will help explain why post the global financial crisis there has been a link between VIX spikes and commodity losses. Let’s address the first […]