Going for copper, iron or aluminium? via /r/wallstreetbets #stocks #wallstreetbets #investing
Going for copper, iron or aluminium?
As central banks around the world pivot towards hiking interest rates quickly they risk doing so at the expense of slowing growth. This is what has been impacting not just copper prices, but aluminium, and Iron ore prices. Industrials metal are projecting falling demand. Will copper prices keep falling lower on these global recessionary fears? Will that impact the prices of other industrial metals?
Submitted July 06, 2022 at 11:50AM by Seasonax
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