Goldman: 2026 Outlook: Ride the Power Race and Supply Waves
14/1 09:30
“The US-China AI and geopolitical power race and global energy supply waves drive our key convictions. Commodity indices have delivered strong total returns in 2025 (e.g. BCOM 15%) because very strong returns in industrial and especially precious metals, which both tend to benefit from Fed cuts, have outweighed modestly negative returns in energy. Our cyclical […]...