Wells Fargo's McMillion: Be Selective With Fixed income

The video discusses the outlook for oil and commodities, suggesting limited upside for oil but potential in agricultural and precious metals. It highlights market volatility, noting historical trends in bull markets and the potential for corrections. The discussion covers low short interest in the S&P 500, indicating investor optimism and caution due to retail investor influence. Finally, it suggests earnings can still impress and recommends diversifying investments beyond US large caps to small caps and emerging markets.

What commodities does the text suggest are interesting at current prices?

According to the text, what is the significance of the short interest in the S&P 500 members?