Market lingo for the base metal that is reputed to have a Ph.D. in economics because of its ability to predict turning points in the global economy. Because of copper's widespread applications in most sectors of the economy - from homes and factories, to electronics and power generation and transmission - demand for copper is often viewed as a reliable leading indicator of economic health. This demand is reflected in the market price of copper. Generally, rising copper prices suggest strong copper demand and hence a growing global economy, while declining copper prices may indicate sluggish demand and an imminent economic slowdown.
what bonds are they shorting now? lol
Very interesting to have a peek at part of the real economy. Thanks!
So for those of us who have limited 401K options, where does one stick their money now? There don’t seem to be a whole lot of positive options on the table.