February 24, 2023

Goldman’s Currie Says China Recovery ‘A-OK’, Commodities to Jump

Commodities are poised to rally in 2023 as China recovers, US inflation proves to be benign, and Russian oil production contracts, according to Goldman Sachs Group Inc.’s Jeff Currie.

“The real core of the bullish view is the recovery in China,” Currie, global head of commodities research, told Bloomberg TV in an interview in Hong Kong Wednesday. “And everything is pointing to that being A-OK,” he said, sticking with a bullish view despite a soft start to the year for raw materials.

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