While the major averages break their 50 day moving averages and technical analysts turn bearish, one commodity continues to show strength. Copper, the metal with a PhD due to its ability to accurately portray economic trends, continues to show strength. Copper futures are just a few percentage points from their highs despite the recent global downturn in markets. Of course, this has been a persistent trend throughout the bull market. Domestic and global sell-offs have been largely ignored by copper traders as demand remains strong. Does Dr. Copper know something about global strength that the equity markets are currently overlooking?
![Cullen Roche](https://pragcap.com/wp-content/uploads/2022/01/Headshot2022-1-144x144.png)
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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