Copper’s Economic Indicator Status in Jeopardy
August 30, 2018 at 10:46 AM EDT
The iPath Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJCB) is off more than 15% year-to-date. Given copper’s status as an important economic indicator, it would be reasonable to assume JJCB’s struggles are affecting other risk assets, such as equities. Some market observers...