Goldman Sachs maintained its ‘overweight’ recommendations for commodities in 2021, reasoning the sector was possibly the best hedge against likely inflation and poised for another bull market. The bank forecast a return of about 27% over a 12-month period on the S&P/Goldman Sachs Commodity Index (GSCI), with a 19.2% return for precious metals, 40.1% for …
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Author: Capt. John
https://www.hellenicshippingnews.com/goldman-sachs-says-commodities-poised-for-bull-market/