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Dr. Copper is telling us something important

February 10, 2021 by Jim Wyckoff

The copper futures market this week has soared to an eight-year high. The red industrial metal is nicknamed “Dr. Copper” because it can foretell economic activity because of its important role in building construction. Dr. Copper is telling us that global economic activity is set to surge in the coming months and that consumer and producer price inflation will rise, and possibly even become problematic, well before most would ever reckon. Stay tuned!– Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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