Copper & Aluminum: The Next Big Trade Broker Says 'Buy the Dip' Now

Bullish

What Happened

Changjiang Metals released a note on copper and aluminum, noting recent price weakness due to rising Fed rate hike expectations but advising investors to look past short-term noise and position for the long term.

Bottom Line

Ignore the short-term rate hike fears and accumulate copper and aluminum stocks on dips, as the long-term supply-demand dynamics and monetary easing will drive prices higher.

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