The investor's cyclical mystery
Copper is a cyclically sensitive metal that was given the moniker of Dr. Copper, because it is said to have a Ph.D. in economics because of its ability to forecast global economic trends. Its recent breakout from a 10-month base excited a lot of people. Similarly, the turnaround in the relative performance of materials stocks was interpreted as a cyclical green shoot.
Source: http://humblestudentofthemarkets.blogspot.com/2024/03/the-investors-cyclical-mystery.html
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