Doctor Copper
Categories: Econ
Are you a struggling investor suffering from information overload? Not to worry...Doctor Copper's got your back.
Because copper is used in everything from consumer electronic goods to power generation for businesses, many analysts have noticed that copper is an oddly great predictor for which way the entire global economy is headed.
Strong copper prices signals a strong economy, while a drop in the price of copper signals a drop in market demand for copper. And kind of everything else, too.
Copper got it's economics Ph.D. waaayyyy back in the day, so you can trust Doctor Copper.