Copper was given the nickname “Dr. Copper” because the industrial metal supposedly has a Ph.D in economics. Why? Because copper is widely recognised as a good indicator of economic health.
However, copper might not be the smartest metal out there.
According to this chart published in Citi’s massive 110-page Q2 Commodity Update report, aluminium is much more vulnerable to the economy.
Photo: Citi Investment Research & Analysis
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