TITLE

COPPER MELTDOWN

AUTHOR(S)
Shilling, A. Gary
PUB. DATE
March 2008
SOURCE
Forbes Asia;3/10/2008, Vol. 4 Issue 4, p19
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article assesses the impact of a U.S. and global recession on selected commodities traded in the market. The recession will continue at least until December. It will probably rank with the 1957-58 and 1973-75 declines, the worst of the ten U.S. recessions since World War II. It will be global as exports sold to U.S. consumers shrink, thus slashing the primary growth source for the rest of the world. With global recession, demand for industrial commodities and oil will fade. Copper can be a proxy for global industrial production.
ACCESSION #
31496081

 

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