Did Copper Shift to Inverse Economic Indicator? US tariffs of up to 50% on imported copper may have flipped the metal's traditional role as a leading economic indicator. My chart shows the stark divergence on July 9: CME copper at about 5.50 a pound, while LME copper hovered around 4.40 -- the same level as in 2021 and first reached in 2011. Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sz6heddwx2ps {BI COMD} #copper #stockmarket #bonds @BBGIntelligence