Evergrande Gets Extension on $1.2B in Domestic Bonds and More Asia Real Estate Headlines
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China Evergrande leads the news again today after the mainland’s most
indebted developer won some extra time to repay its onshore debt. Also
making the l...
2022-06-20
Gold-Copper Breakout
My experience these breakouts are often fadable when they occur, but the larger trend is in play. I anticipate a major decline in copper. I will be watching closely though, because I do think copper and oil could diverge here, with nothing more than small bounce before tumbling.
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