Goldman Says Commodity Rally Is Head Fake, Recommends Selling

Commodity rally real or no deal? Commodity markets are suffering from a case of premature firing long, the result of uncontrolled excitement. The recent surge in commodity prices is unsustainable, a Goldman Sachs commodity research piece says, as market views on reflation, realignment and re-leveraging need to happen simultaneously in concert with their partner the market, not independently. In other words, the market is getting ahead of reality, the report said.

Commodity rally - Is this oil price rise a head fake similar to spring 2015?
Energy . . .

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