Copper is often regarded as a leading indicator of future economic strength and the dip over the last fortnight is another illustration, along with the lacklustre 10-year bond yields, that investors are concerned that looming rate hikes will stifle economic growth plus of course China continues to be its unpredictable self. We believe moving into 2022 optimism will again return to financial markets which should assist the Resources Sector.
MM is bullish copper into 2022
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