Mike McGlone
Mike McGlone|Nov 17, 2025 13:11
A Lot May Be Riding on Copper Staying Above 4.46 - If copper ends 2025 near its Nov. 14 price of 5 a pound, it would be the highest year-end for CME-traded futures since 1988, surpassing 4.46 in 2021. Distorted by US tariffs and production disruptions, the economically sensitive metal has reasons to be buoyant, but my graphic shows its main underpinning -- a resilient US stock market. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t5vauagq7l01 {BI COMD} #copper #stockmarket @BBGIntelligence(Mike McGlone)
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