If in doubt, paddle out!
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Copper Sends a Message to Markets That Growth Is Already Wrecked
For the past year, copper traded like a seesaw on the on-again, off-again hopes of a U.S. and China trade deal. Now it’s more like a rollercoaster ride down. The focus is increasingly on the damage caused by the havoc of a trade dispute between the world’s two biggest economies. The broad applications for copper mean it’s particularly vulnerable to the synchronized tailspin being seen in everything from car-making and earth-moving equipment to commercial property and advanced electronic components. “What the hard data is telling us is that end-use demand is slow and in many places getting kicked quite ... (full story)