Bloomberg Television
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Morgan Stanley's Sheets Favors Oil Over Gold, Silver
Posted
August 11, 2021
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August 11, 2021
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1:10Now PlayingMorgan Stanley favors energy over metals in the commodities space, says chief cross-asset strategist Andrew Sheets. The prospect of higher interest rates and a strong dollar "are both quite bad dynamics for gold and silver prices," he said Wednesday on Bloomberg Television. "We know the oil price might be a little bit range bound, but ultimately we think the fundamentals there are better than on the metal side." (Source: Bloomberg)
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