The reflation trade has been one of the big stories of the past year, with energy stocks, materials stocks, and names in the metals and mining sector coming back with a vengeance after they fell during COVID lockdowns. Since that point, the resurgence in both energy and mining and metals has cooled down, with many of the stocks now far off their 52-week highs. This is because inflation fears have cooled somewhat, and China’s Evergrande woes have dampened expectations for growth in China, the world’s largest consumer of raw materials.
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Vale (NYSE:VALE)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Vale Charts.
Vale (NYSE:VALE)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Vale Charts.