While last year’s strong rebound in many commodity prices might be viewed as a “V-shaped vaccine recovery”, Goldman contends it is just “the beginning of a much longer structural bull market for commodities”. (File pic shows copper smelting in Chile)
WILL Covid-19 kick-start a new commodities supercycle? Goldman Sachs thinks so.
While last year’s strong rebound in many commodity prices might be viewed as a “V-shaped vaccine recovery”, the bank contends it is just “the beginning of a much longer structural bull market for commodities”.
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