
‘Doctor Copper’ May Be Signaling an Upturn—for the Metal and the Economy
Traders in the beaten-down commodity, an economic bellwether, are taking long positions in its futures.
Traders in the beaten-down commodity, an economic bellwether, are taking long positions in its futures.
They have ample liquid assets—and show little sense of fear.
The commodity has been having a good month despite a recent report of low demand.
The market expects them to start next year. Maybe not, says LPL’s Gillum.
Price boosts of 3% or so would spur the economy and stocks, the Leuthold strategist argues.
Many tipped employees are suffering financially, Tom DiNapoli says, and need better pay.
It’s not pretty: History shows that this bad combo pares equities’ median returns by 2%, Goldman says.