Goldman Sachs Group Inc. urged investors 

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Goldman Sachs Group Inc. urged investors to pile into commodities as most recession risks coursing through global markets are overblown in the near term. 

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Arguing that raw materials stand to rebound amid a profound energy crisis and tight physical fundamentals.

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In a note to clients Tuesday, Goldman said it’s time for investors to “get aggressive” on commodities after a torrid start to the year. 

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That saw prices across the asset class tumbling on concerns about slowing global growth. 

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The investment bank is particularly bullish on energy and metals, seeing both sectors posting double-digit percentage gains by the end of 2019.

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“While we worry about a recession later, we would use any near-term weakness as an opportunity to get aggressive on commodities,” Goldman said.

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The comments come as commodities have started to rebound after a rout at the start of the year. 

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Oil prices are up more than 20% from their lows in December, while industrial metals including copper and aluminum have also clawed back some of their losses.

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Still, concerns about the global economy linger, with U.S. stocks swinging between gains and losses on Tuesday as investors monitor trade developments. 

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