Copper jumps to its highest level ever. What the metal is telling us
Once a reliable gauge if economic health, "Dr. Copper" may be giving complicated signals this year.
Once a reliable gauge if economic health, "Dr. Copper" may be giving complicated signals this year.
BELLINGS Intelligence Score: 25
Why it matters
Copper hitting a record high is notable market activity as it signals economic trends and influences commodity and credit markets, but it is not a structural or regulatory event and has limited direct impact on credit professionals.