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Goldman overweights commodities for first time in 4 years
Prices expected to rise next year as manufacturing picks up around the world
Published Tue, Nov 22, 2016 · 09:50 PM
London
GOLDMAN Sachs Group Inc said investors should bet on higher commodities prices in the next year as manufacturing picks up around the world, the first time the bank has recommended an overweight position for the asset class in more than four years.
Purchasing managers' indexes strengthened in all major regions in October, helping t…
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