Can You Say ‘Demand Destruction’? Trade Tension Triggers Commodities Bloodbath

Can You Say ‘Demand Destruction’? Trade Tension Triggers Commodities Bloodbath

Somebody get Jeff Currie and Damien Courvalin on the phone, because we're going to need more reassurances from Goldman on the commodities bull thesis. June was the worst month in nearly two years for the Bloomberg commodities index, and the slide in raw materials marked a rather abrupt reversal of fortunes for an asset class that had been one of the year's top performers in an environment where solid returns have been hard to come by. Amid the downturn, Goldman stuck by their Overweight cal
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