
Mike McGlone|Sep 07, 2025 17:34
Copper Could Be a Top Risk in Friendly Trends -
Upward sloping same-chart syndrome for copper, the S&P 500 and Bitcoin may suggest risks of a breakup. Though the metal is in a clear uptrend based on its 200-day moving average, falling crude oil and Chinese government bond yields point to deflationary undercurrents. Which will prevail?
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sxbte6dwlu68 {BI COMD}
#copper #bitcoin #stockmarket @BBGIntelligence(Mike McGlone)
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