Mike McGlone
Mike McGlone|Feb 20, 2025 12:21
Copper, Commodity Speculators in the Hot Seat vs. Fed Hikes - That it's been a good year for broad #commodities into mid-February might augur the risks of rapidly rising material, equity and #cryptocurrency prices, along with #inflation and Federal Reserve rate hikes. My analysis shows speculators driving commodities and elevated risks of typical reversion, with #copper in the hot seat. The full report is on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/srzau8dwx2ps {BI COMD} #metals #macroeconomics @BBGIntelligence
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