âDonât stop buying nowâ: Investors bet billions on copperâs bull run continuing
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By Mark Burton
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A year into the red-hot bull run in industrial metals thatâs lifted copper to record highs, investors are still piling in, staking billions of dollars that it wonât run out of steam any time soon.
The word from Wall Street is âdonât stop buying now,â with Goldman Sachs and Bank of America Corp. among those advising investors to load up in anticipation of a long-term rally fuelled by the worldâs recovery from the pandemic and a spending splurge on renewable-energy and electric-vehicle infrastructure.
The word from Wall Street is “don’t stop buying now.”
Mark Burton | May 10, 2021
(Bloomberg) A year into the red-hot bull run in industrial metals that’s lifted copper to record highs, investors are still piling in, staking billions of dollars that it won’t run out of steam any time soon.
The word from Wall St. is “don’t stop buying now,” with Goldman Sachs Group Inc. and Bank of America Corp. among those advising investors to load up in anticipation of a long-term rally fueled by the world’s recovery from the pandemic and a spending splurge on renewable-energy and electric-vehicle infrastructure.
(Bloomberg) A year into the red-hot bull run in industrial metals that’s lifted copper to record highs, investors are still piling in, staking billions of…