From the “Well, it’s a bit late for that now, isn’t it?” file
Headlines crossing a newswire …
- Goldman says risks to copper price heavily skewed to downside
- Expects continued demand weakness in china
- Says 1q rise in LME, SHFE inventory to weigh on price
(LOL)
Look, I’m not saying Goldman is late to the party. The newswire in question says the comments on copper are from a report ‘received today’ … so who knows when it was written. Nor how long they’ve saying it for.
And I can’t blame the newswire for publishing it now … better let than never. And I’ve been know to be a bit slow on news myself
Pots, kettles and so on …
So … best viewed as a historical artifact. Mind you, if you are of the opinion that news follows market moves, well, here’s a bit of confirmation for ya!
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