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….
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.