Copper Prices Just Made A 6-Year Low [Chart]

Copper Prices Just Made A 6-Year Low [Chart]

Copper Prices Just Made A 6-Year Low by Bryce Coward, Gavekal Capital

The downtrend in copper prices has been one of the most persistent trends in financial markets in recent years. Today that trend was confirmed again as prices made a new 6-year low. This price weakness is no doubt linked to slowing nominal GDP growth out of China, but also likely reflects the weakness witnessed globally since the great recession. Calling the bottom for copper, and likewise the economic “liftoff”, has been a futile exercise.


Odey Discusses Howard Marks’ Astute Observation On Why Hedge Fund Alpha Is Increasingly Rare [January Letter]

According to a copy of the firm's January investor update which ValueWalk has been able to review, the Odey Asset Management Odey Special Situations Fund returned 7.7% in January, outperforming its benchmark, the MSCI World USD Index, by 8.7%. Q4 2020 hedge fund letters, conferences and more The $60 million fund, which Adrian Courtenay manages, Read More

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