Dinner is served, with today’s market comedy: Copper prices fell on Thursday as markets worried the Fed would raise interest rates further.
The more dramatic the headline, the more I want to pour myself a glass of water first. That’s probably what it looks like to have been schooled by the markets. When interest-rate expectations shift, it often shows up first in U.S. Treasuries, then spreads to risk assets.
$BTC 24h -3.24%
The more dramatic the headline, the more I want to pour myself a glass of water first. That’s probably what it looks like to have been schooled by the markets. When interest-rate expectations shift, it often shows up first in U.S. Treasuries, then spreads to risk assets.
$BTC 24h -3.24%