Funds cut copper exposure as Chinese impetus fades: Andy Home
LONDON — Supercycles take time to develop and will inevitably span periods of relatively soft fundamentals and price consolidation.
Source: financialpost.com
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Home: Funds cut copper exposure as Chinese impetus fades
Home: Funds cut copper exposure as Chinese impetus fades Stock Image (The opinions expressed here are those of the author, Andy Home, a columnist for Reuters.) Supercycles take time to develop and will inevitably span periods of relatively soft fundamentals and price consolidation. Sign Up for the Copper Digest Sign Up Copper is currently a case in point, according to Goldman Sachs, which pronounced itself a commodities super-bull late last year. The investment bank maintains its view that “copper stands at the beginning of a multi-year bull market” with the current pause reflecting temp...
Source: mining.com
COLUMN-Funds cut copper exposure as Chinese impetus fades: Andy Home
METALS-COPPER/AHOME (COLUMN):COLUMN-Funds cut copper exposure as Chinese impetus fades: Andy Home
Source: msn.com