Mike McGlone
Mike McGlone|Nov 17, 2025 13:17
Tempting Market-Reversion Gods? Copper, Natural Gas Above 4.50 - If elevated copper and natural gas futures begin to fall, I believe it could set a deflationary tone for 2026, especially if the stock market backs up. The highest year-end for CME-traded copper futures was 4.46 a pound in 2021, and the metal was about 5 on Nov. 14. Natural gas is also near its greatest year-end mark since 2009. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t5vauagq1yq4 {BI COMD} #copper #naturalgas #stockmarket #macroeconomics @BBGIntelligence(Mike McGlone)
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