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Pragmatic Capitalism

Practical Views on Money & Finance

COPPER TANKS AS OIL/COPPER DIVERGENCE WIDENS

Copper prices are tanking 3.5% today as oil rallies and fears over a potential economic slow-down from surging oil prices worry investors.  This divergence is notable due to the fact that copper and oil prices had largely moved in tandem up until just recently.  As fears in the Middle East developed a clear divergence appeared.  Over the last month the divergence has resulted in a nearly 25% swing.  If you’re looking for a real-time sign of economic concern this is your metric….

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services.He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche

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