Sunday, March 31, 2024

IN CLEAR VIEW /IN PLAIN SIGHT. . .could be a sign the global economy is facing some trouble | @Barchart

 Some comments: 

Jai.fuel 🚢🌱🌐🛸🐐Tabi 🟧
@Jaimenonsg
Whut … How can contango spell trouble ?


Lex◇investor
@Inves2grow
Why would a higher futures price over spot (contango) spell trouble for the economy? Seems it reflects an expectation of higher demand(?) Help me out here.
3,125
Views

Square profile picture
Barchart
@Barchart
Traders are betting some copper smelters will have to slow and/or stop production which will reduce supplies. This is less about demand and more about lower production impacting the supply chain.

-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Random Bloomberg Clips: Trump Pledges to Escalate Attacks Until Iran Relents on Hormuz

          Unmute Current Time  0:21 Watch : Trump Drops Hormuz Fee as US Strikes on Iran Continue Trump Pledges to Escalate Attacks Until Ir...