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69 sats \ 2 replies \ @grayruby 25 May 2024 \ on: Doctor Copper Is Sending Signals Our Way econ
I don't know what to make of doctor copper anymore. Is this a leading indicator of a broad based global economic uptick or a boom in very specific areas such as compute and electrification.
I'd say it's just one metric to keep an eye on. If it's telling a completely different story than others, then sector specific explanations are more likely.
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That's what I am thinking. We are having a boom in certain areas that demand copper but maybe not the typical ones. Are these sectors as stimulative to the broad economy like construction is? Remains to be seen.
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