Copper joins gold in broad commodities sell-off. There’s a worrying reason behind it

Copper joins gold in broad commodities sell-off. There’s a worrying reason behind it


Key Points
  • Both precious and industrial metals fell in Thursday trading as investors are starting to worry this oil shock will go on long enough to cause an economic slowdown or recession.
  • An unusual stagflation scenario is occurring with rates rising on inflation fears, while economic growth expectations are being lowered.
  • But some warn that the possibilities of stagflation are low, despite investors’ trades.



Source

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