Buffett divs: link here.
Copper: from Michael Fitzsimmons over at SeekingAlpha --
Copper, from Bloomberg today (opinion):
China’s imports of oil, coal and iron ore all peaked back in 2020 and show few signs of revival despite Monday’s better-than-expected GDP print (copper, a key new-economy metal, is an exception). [GDP: 3.9 vs 3.3 - 3.5 expected.]
If the weekend’s changes can move China to a more economically and environmentally sustainable growth path, that’s good news for the country — and the world. A resources industry that’s grown fat for decades on its insatiable appetite for raw materials, however, should watch out
Copper, warehouses all but empty, also Bloomberg today:
China’s billion-dollar cash-for-copper trade, whereby local companies would use metal as collateral for cheap financing, is grinding to a halt as bonded warehouses are all but empty. That’s primarily because the two dominant financiers — JPMorgan Chase & Co. and ICBC Standard Bank Plc — have halted new business there.
Stagflation not: definition includes high unemployment. Link here.
Dividends: link here. From SeekingAlpha:
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