Copper Goes its Own Way

September 28, 2011

We already discussed the worrying collapse in industrial metals, including copper. Doug Kass via Barry Ritholtz provides this chart which shows one of the reasons the move lower in copper is worrying:

This isn’t comforting at all.

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2 Responses to Copper Goes its Own Way

  1. The Emerging Thud | Risk and Return on September 29, 2011 at 12:53 pm

    [...] stunning fall in industrial metals, which correlates highly with global manufacturing in general. See also here for copper’s divergence from US equity market performance.Today Cullen Roche digs into the [...]

  2. [...] in them should be. Even more so in that it bubbled up in the shadow banking system.Is Doctor Copper signaling a global slowdown? What does it say about US stocks? Maybe not much. What about other metals and [...]

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