Jan 16, 2015 8:24 AM GMT
Is a global economic recession coming? Copper price say 'yes'
“I’m getting worried that this [drop in copper prices] is telling us not all is right with the global economy and that it is slowing faster than anticipated,” said Robin Bhar, head of metals research at Societe Generale.
“If you asked me three to six months ago, I would have been less worried; I would have said it’s oversupply of oil, iron ore, coal. But the combination of greater supply with weaker demand is suggesting it’s indicative that the global slowdown is taking place.”
http://www.theguardian.com/business/2015/jan/14/copper-prices-fall-fears-looming-global-recession
Deflation Bells are Deafening
http://www.bloombergview.com/articles/2015-01-13/deflation-bells-are-deafening
“I’m getting worried that this [drop in copper prices] is telling us not all is right with the global economy and that it is slowing faster than anticipated,” said Robin Bhar, head of metals research at Societe Generale.
“If you asked me three to six months ago, I would have been less worried; I would have said it’s oversupply of oil, iron ore, coal. But the combination of greater supply with weaker demand is suggesting it’s indicative that the global slowdown is taking place.”
http://www.theguardian.com/business/2015/jan/14/copper-prices-fall-fears-looming-global-recession
Deflation Bells are Deafening
http://www.bloombergview.com/articles/2015-01-13/deflation-bells-are-deafening