Goldman Sachs recommends long commodity positions for portfolio hedging
- 1Goldman Sachs recommends long commodity positions as a portfolio hedge, viewing rising geopolitical tensions as a potential driver for significantly higher energy prices.
- 2With the BCOM commodity basket recording a year-to-date total return of 36%, Goldman Sachs advises tactical and structural asset allocation.
- 3Commodities offer structural diversification benefits in equity and bond markets that have become sensitive to energy prices due to a five-year period of above-target inflation.
So what's the key point?
Goldman Sachs recommends long commodity positions as a portfolio hedge, noting that rising geopolitical tensions could significantly push up energy prices.
Source Investing.com · View original ↗
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