Commodity Trade Mantra

Posts Tagged ‘Business Optimism’

What Makes Goldman Sachs Majorly Bullish On Commodities

Commodities ended positively in 2016 for the first time in six years, so there should be further room to run. When business optimism goes up, capital expenditure also goes up & when capex goes up, commodities follow. Goldman has been neutral on commodities, recommending an overweight position only 4 times in the last 20 years. So now when it is become bullish, investors should pay attention.

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