Business > Market

The 'single-best leading indicator for stocks' in recent history is predicting stock-market doom

One year ago   |   By Business Insider

Copper has been the "single-best leading indicator for stocks over the past 18 months," according to one research firm.
Sentiment in the copper market suggests prices should be about 7% below where they are currently trading, a Capital Economics analyst wrote.
Trade-war tensions and the end of the Fed's rate-hike cycle are bad news for stocks, other experts said.
Visit Markets Insider for more stories .
Copper prices are signaling a stock-market sell-off may be brewing.
The red metal has been the "single-best leading indicator for stocks over the past 18 months," and is flashing a warning...
Read more ...

 


Search by Tags

   Market      Cycling  


Trump is unleashing an executive order against social media companies, and...

Trump is unleashing an executive order against social media companies, and it could trigger a legal fight they desperately want to avoid

Donald Trump plans to issue an executive order targeting social media companies on Thursday. The US President has been railing against tech companies after Twitter fact-checked... Read more ...

Wielding Twitter like a weapon: Here's what was really going on when Trump's...

Wielding Twitter like a weapon: Here's what was really going on when Trump's most outrageous tweet storms took place

President Donald Trump's Twitter use has gotten to the point where the social media company has, for the first time, marked two of his tweets with a fact check for the... Read more ...

LA Sues California Company, Alleging 'Sophisticated' COVID-19 Fraud

LA Sues California Company, Alleging 'Sophisticated' COVID-19 Fraud

The city attorney accuses Wellness Matrix Group of "shocking deceptive conduct" over its sales of purported "at-home" coronavirus tests and virus-killing disinfectant. (Image... Read more ...

Human services chief: Ohio jobless claims came 'in a tsunami'

Human services chief: Ohio jobless claims came 'in a tsunami'

Ohio faced an unprecedented surge in unemployment claims almost overnight as the pandemic led to widespread business shutdowns, leaving the state no time to retool its system... Read more ...

Disney World is set to reopen on July 11 with masks and temperature checks...

Disney World is set to reopen on July 11 with masks and temperature checks required

Disney World is set to reopen gradually on July 11, according to a report from the Orlando Sentinel. Disney told a Florida task force it plans to open the Animal Kingdom and... Read more ...

Micron climbs 6% after boosting sales guidance by more than expected

Micron climbs 6% after boosting sales guidance by more than expected

Micron climbed 6% on Wednesday after the company raised its fiscal third quarter revenue guidance to a range of $5.2 billion to $5.4 billion, according to an 8-K filed with the... Read more ...

General Electric Makes The Switch Away From Lightbulbs

General Electric Makes The Switch Away From Lightbulbs

GE was born when Thomas Edison's electrical company merged with a rival in 1892, and the company has been making lightbulbs ever since. Now it's selling off its lighting... Read more ...

Why SpaceX's launch for NASA is such a big deal for Elon Musk's rocket...

Why SpaceX's launch for NASA is such a big deal for Elon Musk's rocket company and the US as a whole

SpaceX is set to launch NASA astronauts to the International Space Station for the first time on Wednesday afternoon. It will be the first time an American-made spacecraft has... Read more ...

Twitter tried to correct Trump's falsehoods about vote by mail, but the...

Twitter tried to correct Trump's falsehoods about vote by mail, but the platform's first fact-check on the president's tweets was itself misleading

For the first time on Tuesday, Twitter rolled out a feature to flag Trump's tweets about voting by mail as misleading in an effort to provide more context and fact-check... Read more ...

'We'll let you know how it works out': SpaceX's Crew Dragon spaceship toilet...

'We'll let you know how it works out': SpaceX's Crew Dragon spaceship toilet is a secret that apparently no one can or wants to talk about

NASA astronauts Bob Behnken and Doug Hurley are scheduled to become the first people to rocket into space from US soil since the shuttle program ended in 2011. Behnken and... Read more ...