Copper is commonly known as having a PhD in economics. Why? B/c it is a vital part of the global economy- especially a growing global economy. Therefore, when you see copper plunging >4% today and breaking below multiple areas of support- on a day when the jobs report BEAT estimates. What is that market telling us about the global economy and the broader Risk-On Trade?
https://www.globalmacroresearch.com/wp-content/uploads/2016/06/50-Park-Capital-white-background-LOGO.jpg 0 0 firstname.lastname@example.org https://www.globalmacroresearch.com/wp-content/uploads/2016/06/50-Park-Capital-white-background-LOGO.jpg email@example.com 12:48:232014-03-07 12:48:23What Is Dr. Copper Telling Us About The Global Economy & The Broader Risk-On Trade?
This could be a one-off…I have a sneaking suspicion there is more to this story than that. As always, stay tuned.
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