“The CNY (yuan) devaluation has been important for commodity markets and we believe it signals that global macro conditions have changed, even China has now joined the negative feedback loop that is running between commodity deflation, growth and deleveraging trends... (and) we believe the net commodity market effects are bearish.
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"Goldman Sachs Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.quotes.net/citizen-quote/111121>.
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