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Why Copper May Be One of the Tightest Markets The World Has Ever Seen | Odd Lots

发布时间 2022-05-31 15:06:43    来源

摘要

These days, oil gets all the attention. Consumers feel and see the pinch directly every time they fill up their gas tank. But the big story in the next decade could be copper. It's not easy to ramp up copper production, due to the upfront cost and lead time in getting new mines online, and demand is expected to soar in part due to green initiatives. On this episode we speak with Goldman Sachs metals strategist Nick Snowdon about why the copper market is expected to be incredibly tight. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIALMKvObZNtJ6AmdCLP7Lg Bloomberg Politics: https://www.youtube.com/c/BloombergPolitics Bloomberg Technology: https://www.youtube.com/c/BloombergTech Quicktake Originals: https://www.youtube.com/user/Bloomberg Quicktake Now: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA Quicktake Explained: https://www.youtube.com/bloombergexplained For coverage on news, markets and more: http://www.bloomberg.com/video

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