The Rabid Capitalist

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

Goldman Sachs has confirmed The Rabid Capitalist’s recommendations of oil and gas (see https://therabidcapitalist.com/2023/09/21/it-is-not-easy-being-green/) and mining firms (see https://therabidcapitalist.com/2023/09/11/green-energy-it-is-easy-being-green/) made in September. The bank issued a bullish forecast for commodities over the next 12 months based upon increasing spot prices, easing monetary policy and reduced recession risk.  They also recommended commodities as a hedge against politically-driven supply shocks.

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