Seasonal Patterns in Commodities
6분 소요
Why Seasonality Works in Commodities
Seasonal patterns in stocks are statistical tendencies with relatively weak causal links ("sell in May" is more behavioral than fundamental). Seasonal patterns in commodities are different — they are rooted in physical reality. Crops grow in specific months. Heating demand peaks in winter. Driving increases in summer. These are not abstract patterns — they are the direct result of Earth's seasons and human activity cycles.