Prices for copper have fallen to levels not seen since April of 2009. Weakness in copper is a bad sign for the economy, as it is a vital ingredient in so many different areas of industry. Analysts call the metal “Dr. Copper” because, as the saying goes, it has a Ph.D. in economics. Movements in copper prices often lead GDP growth. Needless to say, the recent price movements in copper are worrying.
Latest posts by Young Research (see all)
- Happy Easter! - April 15, 2022
- India and China Quietly Eschew Sanctions, Buy Russia’s Oil - March 24, 2022
- Is there Any Oil Left? Saudi Aramco Says Market Is Tight - March 21, 2022