Stocks are signaling that another commodities ‘supercycle’ is afoot in 2026
MarketWatch••business
Key Points:
- Financial markets linked to hard assets and tangible items are showing signs of a sustained boom due to their ability to retain value, resist volatility, and serve as inflation hedges.
- Commodity markets are leading this trend, with materials and energy stocks in the S&P 500 rising 6.4% and 4.3%, respectively, since the beginning of 2026.
- Precious metals like gold and silver have also performed strongly, increasing by 3.7% and 12.4% in January 2026, following significant gains of 64% and 141% in 2025.
