Nickel

Average change in the price of selected raw materials

Lithium is going to be in there, the industry wants cobalt out or lowered, and a few other metals are lining up to take its place in the next generation of batteries.

The value of commodity indexes has grown about twice as fast as equities indexes in 2018 so far, prompting a wave of capital expenditure in timber, mining, and oil extraction and keeping demand for truckload miles hot.

Volatility returns to commodity markets, with oil, aluminum, and nickel posting huge price increases. How long will these price shocks last, and how will they affect the economy?