Goldman Sachs: Earnings of Asset-Heavy Stocks Expected to Lead Rally; Capital Rotation Enters 'Protracted Battle'

Golden Finance reported that on July 7, Goldman Sachs strategists believe that capital-intensive companies are expected to deliver solid earnings in this earnings season, further outperforming their asset-light peers that rely more on human or digital assets. A team of Goldman Sachs strategists led by Guillaume Jaisson pointed out: "Investors remain underallocated to a world where physical assets, infrastructure, and industrial capacity are regaining strategic importance."
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