copper’s fall of 6% is not an indicator of what we will do economically. It is an economic indicator of what IS happening and will soon be reported by the traditional trailing indicators that everyone uses to see how the economy is doing.
If so, you will be welcoming me as your new Free Republic Overlord as I’ll buy it from JimRob and set him up for life too, LOL!
The Fed’s policy appears politically motivated as a means to keep American stock markets trading at higher levels. What happens when the typical effect of such policy (inflation) comes to fruition?
Related and a likely reason why American stocks are soaring today.
http://www.reuters.com/article/2011/10/21/markets-forex-idUSN1E79K0I320111021