Is 3 Next for Copper After 5? Parallels to 2008 Crude Oil - WTI crude oil is about 50% below 2008's apex of 147 a barrel, and copper's July 5.96 high may have enduring peak parallels. The deflationary implications of typical autocorrelation in the economically sensitive metal toward 3 a pound could be disconcerting. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t0b827gq1ys5 {BI COMD} #copper #stockmarket #crudeoil #bonds @BBGIntelligence(Mike McGlone)