Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Copper Is Leading the Commodity Recovery While Oil Stalls
Copper futures hit $6.50 per pound, up 2.6% in five days, while crude oil languishes at $83.71. In this episode, Lucas and Luna examine why 'Doctor Copper' is flashing green again—rising on expectations of industrial demand and sticky inflation—even as headline CPI cools and oil prices drift. They break down what copper's rally says about the global economy, how it contrasts with gold's safe-haven move, and why the commodity recovery is looking uneven. Plus, a look at the breakeven inflation rate ticking up to 2.26% and what that means for the Fed's next move.
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The skinny
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