Goldman Traders Thrived on Oil's Wild Ride

The video discusses the significance of commodities to Goldman Sachs, tracing its history from the acquisition of J. Aaron and Co. in the 1980s to recent challenges and a remarkable comeback. It highlights the firm's recent $2.2 billion revenue in commodities, a significant recovery from the slump of 2017. The video also explores the broader market impact, investor sentiment, and the potential of a commodities supercycle, as noted by Goldman's analyst Jeff Curry. The discussion suggests a renewed interest in commodities, driven by recent high returns and changing market dynamics.

What factors contributed to the recent positive sentiment towards commodities among investors?

What does the term 'commodity supercycle' refer to, and how might it impact investor behavior?