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Often viewed as a leading indicator of global economic health, copper prices remain susceptible to further downside despite bulls appearing to halt further declines
I'm going to do it again. i want to put you on the spot. in a year's time, what are prices going to be doing? that's tricky, because this time last year you asked me the same question. and, thankfully, i was right. i'd suggested that prices were going to go quite a bit higher. and, yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so, demand is slowing, i would say, across the board, mostly because of the cost of living crisis. inflation is just very high, which makes people feel poorer and means their disposable income is less. secondly, interest rate...
I want to put you on the spot. in a year's time, what are prices going to be doing? that's tricky, because this time last year you asked me the same question. and, thankfully, i was right. i'd suggested that prices were going to go quite a bit higher. and, yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so, demand is slowing, i would say, across the board, mostly because of the cost of living crisis. inflation is just very high, which makes people feel poorer and means their disposable income is less. secondly, interest rates are going up, which agai...
By the time it gets to the supermarket, has become elevated so much more than it normally would have been. and, kona, i've done it before, i'm going to do it again. i want to put you on the spot. in a year's time, what are prices going to be doing? that's tricky, because this time last year you asked me the same question. and, thankfully, i was right. i'd suggested that prices were going to go quite a bit higher. and, yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so, demand is slowing, i would say, across the board, mostly because of the cost of li...
Price going to be doing? that's tricky, because this time last year you asked me the same question. and thankfully, i was right. i'd suggested that price is going to go quite a bit higher. and yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so demand is slowing, i would say, across the board, mostly because of the cost of living crisis. inflation is just very high, which makes people feel poorer and means the disposable income is less. secondly, interest rates are going up, which again has the same impact of making you feel less wealthy if you like. ...