The bull market for these ‘green’ metal stocks is just beginning, Goldman Sachs says
Analysts at Goldman Sachs have picked out “green” aluminum stocks that they believe will benefit from a bull market for the metal that could last several years.Aluminum production contributes around 3% of global carbon emissions each year and the race to reduce such pollution is “well underway,” according to Goldman in a research note published Thursday. The metal is used in the manufacturing of everything from airplanes to laptops.In the note titled “The race for Green Aluminium: Upgrading pric
June jobs report, Consumer confidence: What to know this week
This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of