Bullish or Bearish? Copper Specs Don't Care - Managed money (#hedgefunds) played a key role in 2024's march to the CME #copper future's 5.20-a-pound high, but they're noticeably absent in this year's rush to the 5 threshold. Is it bullish or bearish? My bias leans toward the downside risks due to why the metal has rallied: threats of US tariffs. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/stmizbt0g1kw {BI COMD} #commodities #metals @BBGIntelligence