Coffee ETN (JO) At New 52-Week Lows, Food & Beverage (PBJ) Near Highs
The iPath DJ-UBS Coffee Subindex TR ETN (JO) is a single-commodity tracker that currently consists of one futures contract on the commodity of coffee. JO is down 50% since September. Granted, I wouldn’t expect to pay 50% less for my cup of caffeine simply because the beans are cheap. Yet I might expect some of our most beloved establishments to [...] [...more]


