Goldman Sachs Sees Years-Long Supercycle in Commodities
Goldman Sachs Group Inc. is “extremely bullish” on commodities, amid a supercycle that has the potential to last for a decade, according to Jeff Currie, the bank’s global head of commodities research.
In a recent interview on Bloomberg television, Currie pointed to energy, agriculture and metals as particularly effected and also discuss the significant amount of money printing in our financial system.
Currie added in his interview, “The best place to be right now, particularly given the Fed pivot, are commodities,” Currie said, referring to the U.S. Federal Reserve’s decision to begin hiking interest rates later this year.
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