Investing.com investing.com 30 Dec, 2020 10:15 am

Outlook 2021 Part II: USD Depreciation, Bullish Commodities, Recession Risk

Outlook 2021 Part II: USD Depreciation, Bullish Commodities, Recession Risk
Market Overview Analysis by Investing.com (Investing.com) covering: XAU/USD, XAG/USD, Dow Jones Industrial Average, Microsoft Corporation. Read Investing.com (Investing.com)'s latest article on Investing.com

The simplest way to play silver miners is through the Global X Silver Miners ETF (NYSE: SIL ).The rotation into the iShares Russell 2000 ETF (NYSE: IWM ) should continue and a dip or correction in IWM, especially if it gets closer to 170, would be welcomed.Cannabis: The Alternative Harvest ETF (NYSE: MJ ), although a bottoming pattern is in place, has a lot of work it can do.Junk bonds of SPDR® Bloomberg Barclays High Yield Bond ETF (NYSE: JNK ) under 107 would suggest a harder times for the overall market.

Junk Bonds: Finally, the Federal Reserve’s playground, high-grade bonds and junk bonds also need to be monitored with the new administration.Silver miners offer great leverage to the silver price.

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