Iran War Drives Commodities ETF Rally as Stocks Retreat
Goldman Sachs highlights solar, cybersecurity, and healthcare as key sectors amid risks of a 19% S&P 500 drop from oil shocks and ongoing US-Iran conflict.
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Goldman Sachs flags 3 investment opportunities as the Iran war tests the stock market's bull rally
Spencer Platt/Getty ImagesGoldman Sachs outlined some of its top investment ideas as the US-Iran war shakes markets.The bank sees more downside risk for the S&P 500, with the index dropping 19% in its bear-case.Strategists recommended areas like solar, cybersecurity, and certain growth sectors.The stock market is in choppy waters as the Iran war extends into its third week, but the shake-up is shedding light on some emerging opportunities, Goldm…
Iran War Drives Commodities ETF Rally as Stocks Retreat
While the stock market has retreated since the start of the US-Israel war with Iran, another broad category, commodities, has delivered double-digit returns so far this year. That’s in no small part due to oil prices that are going through the roof, as Iran has effectively blocked the Strait of Hormuz, one of the most important crude-shipping corridors in the world. But, ETFs with exposure to precious metals and rare earth elements have also see…
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