Goldman Sachs (NYSE:GS): Commodities, Currencies Up in 2010

Goldman Sachs on Commodities and Currencies

Goldman Sachs (NYSE:GS) lowered estimates for a number of banks and financial institutions today, including Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) and Morgan Stanley (NYSE:MS).

While that put downward pressure on the share prices of the stock, there was some good news in general in areas of interest for us.

Goldman maintains and confirms that currencies, commodities and fixed income investments should do good in 2010, something most of us at Commodity Surge would agree with.