Goldman Sachs Expects A Bumper Year For Commodities In 2023 ...Middle East

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Goldman Sachs Expects A Bumper Year For Commodities In 2023
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Supply shortages and insufficient investment in new supply will result in a bumper year for commodities in 2023, Goldman Sachs says, expecting the S&P GSCI commodity index to post a 43% return next year. Commodities are set to be the best-performing asset class in 2023, the bank’s strategists said in a note.   “From a fundamental perspective, the setup for most commodities next year is more bullish than it has been at any point since we first highlighted the super-cycle in October 2020,” Jeffrey Currie, global head of…

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