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home / news releases / SIJ - Copper - The Barometer For China; FCX Is A Bet The Trade Trumps The Virus


SIJ - Copper - The Barometer For China; FCX Is A Bet The Trade Trumps The Virus

All eyes remain on China these days. The economy of the world's most populous nation with the second-leading GDP began to run into problems five years ago. In late 2015 and early 2016, the slowdown in Chinese economic growth weighed in markets across all asset classes. Since China is the top copper consumer in the world, the price of the red metal declined to a multiyear low of $1.9355 per pound in January 2016.

The world had become accustomed to double-digit economic growth in China, but as the economy grew, it became impossible to sustain

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Stock Information

Company Name: ProShares UltraShort Industrials
Stock Symbol: SIJ
Market: NYSE

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