“The European Union borders and the Schengen borders will be closed”

It’s becoming pretty clear, at least to us,  that the world is going to look much different on the other side of this crisis.  Diminished global supply chains and more nationalism.  Slower growth and higher inflation. The speed and trajectory will depend on the outcome of the November presidential election. Macron’s full address for those … More “The European Union borders and the Schengen borders will be closed”

Copper Prices Bounce On China Stimulus

Copper prices hit a three-week high this morning as China, the world’s largest copper consumer, lowered a key interest rate to cushion the impact from the coronavirus outbreak. China’s central bank lowered the rate on a one-year medium-term lending facility (MLF) loans.  Policymakers said on Saturday Chinese lenders will tolerate a higher level of bad … More Copper Prices Bounce On China Stimulus

Copper Prices Set To Move Higher In 2020

  The price of copper, a key barometer for the global economy, is set to move higher in 2020 with capital spending for new production depressed and inventories tapped out as U.S.-China trade tensions ease. The U.S-China trade war limited mining activity and kept manufacturer inventories lean. Warehouses tracked by the three international exchanges, the … More Copper Prices Set To Move Higher In 2020