Beta Laggard - What of Copper When Stocks Drop? Economically and stock-market-sensitive copper is breaking down vs. the S&P 500. What stops it may be a key commodity question of 2026. My graphic highlights the falling ratio of a pound of copper vs. the S&P 500 (divided by 1,000), alongside sliding Chinese 10-year government bond yields (CGBs). Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tdw428kgzaqq {BI COMD} #copper #stockmarket #China #bonds @BBGIntelligence(Mike McGlone)