Goldman lists 3 factors that support long commodities positions
Goldman Sachs recommends long commodities positions as a portfolio hedge because geopolitical escalation, such as intensified shipping attacks or damage to energy infrastructure, could push energy prices significantly higher. The has delivered a 36% total return year-to-date. The bank recommends a positive allocation tactically and structurally, though it expects and prices to moderate as Mideast…
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
