Goldman Veteran Jeff Currie Remains Bullish on Commodities This Year
- Former research chief at Goldman Sachs tips copper for gains
- Interest rate cuts could create a ‘fantastic 2024’ for sector
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Jeff Currie, who spearheaded commodities research at Goldman Sachs Group Inc. for almost three decades, remains bullish on the sector for this year.
Demand for raw materials is at record levels, inventories are low, and spare production capacity is largely “exhausted,” the veteran analyst said in an interview with Bloomberg television. Copper, which drifted sideways for much of 2023, has the greatest scope for gains, he added.