Mike McGlone
Mike McGlone|Jul 26, 2025 19:07
Did Copper Shift to Inverse Economic Indicator? A stark divergence on July 25: CME copper at 5.78 a pound compares to about 4.42 on the LME -- the same level as in 2021 and first reached in 2011. The world facing unprecedented tariffs from the largest goods importer could suggest LME copper is at greater risk of dropping below 4 than staying above 5. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sz6heddwx2ps {BI COMD} #copper #stockmarket #bonds @BBGIntelligence(Mike McGlone)
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