Dr. Copper is Suspicious of This Rally in Stocks

February 28, 2014
By Knowledge Leaders Team in Uncategorized

Although stocks have erased losses from earlier in the year and are now making new all-time highs, the metal with a PhD in economics is acting a bit less sanguine. Indeed, copper failed to make a new high in February and has now broken it’s medium term uptrend line despite the strength in stocks. A continuation of this behavior could be taken as a signal that stocks are ahead of themselves in discounting an acceleration in global economic activity.


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