Goldman Plays 4-D Chess: Hedge 2025 Recession Risk With Gold (& Stay Long)

While Powell refuses to be drawn on the hyperbolic macro-economic fearmongering that the mainstream media has unleashed on the world about President Trump's tariff plans (and migration and tax cuts etc...), prompting panic among Democrat survey respondents, Goldman recommends that investors hedge elevated cyclical recession risk with oil puts and long gold positions. 

Further still, they also believe that the recent acceleration in 4D structural