Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated – Economics Bitcoin News

Goldman Sachs says commodities are 'the best asset class to own during a late-cycle phase.' inflation recession equities

Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated

In the U.S., Federal Reserve Chairman Jerome Powell said last week: “We are taking forceful and rapid steps to moderate demand so that it comes into better alignment with supply, and to keep inflation expectations anchored. We will keep at it until we are confident the job is done.” Commodities, on the other hand, are the best asset class to own during a late-cycle phase where demand remains above supply.

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