JJC News and Press, iPathA Series B Bloomberg Copper Subindex Total Return ETN From 12/28/22

Summary Modern relations between China and Australia are in a deep freeze. China finds itself increasingly isolated, not only from the U.S., but most of the world. Chinese policymakers have prudently decided to return to one of their oldest allies: Australia. The Chinese also fe...

Summary The market implications of price caps on Russian oil. As Russian price caps kick in, what it means for oil production. Why oil prices are giving up gains for the year and sitting at a new 2022 low. As the G7’s new price cap on Russian oil kicks in, a...

Summary Electric vehicle sales projections pose challenges for copper supply, with a 10 million metric ton deficit possible by 2035, according to estimates. Rapidly rising interest rates combined with higher energy prices are fueling concerns of global demand destruction. China is t...

Summary The LME aluminium price fell from a two-month high to as low as $2,416/t on Monday morning following the decision. The LME said it believes, after receiving feedback, that a material amount of the market is still accepting and will continue to rely on Russian metals. A...

Summary The average spread between the 10-year Treasury and the 30-year mortgage rate has averaged 1.7% since 1990 and now stands at 2.9%. Small and mid-cap stocks continue to look better technically than US large cap. The Russell 2000, S&P 600 and S&P 400 (midcap) index E...

Summary The prices of oil, copper, and iron ore are all sharply down from their peaks earlier this year. The transition to green power will, in the medium term, boost demand for hydrocarbons. Even if the global economy were to collapse once again, the capital cycle could allow...

Summary While broad commodities have outperformed most major asset classes year-to-date,1 the pressure of rising interest rates, a strong U.S. dollar and fears of several large economies tipping into recession have led to a pullback since the summer of 2022. Since we published our...

Summary Copper is an energy commodity, critical for the green revolution. Copper has corrected from a new record high in 2022. We offer three reasons to add copper to your portfolio. We focus on CPER and JJC as ideas. Copper futures trade on the CME's COMEX division,...

Summary There is increasing evidence of a copper supply squeeze in the works and we believe that copper prices could be on the verge of a forceful rebound. China is scrambling for copper as inventories at warehouses tracked by the London Metals Exchange have plummeted over the pas...

Summary Europe’s energy security and decarbonization goals will spur R&D in cleantech, solar in particular. We expect further easing of monetary and fiscal policies to boost growth prospects and earnings expectations, and possibly trigger a rebound in Chinese equities. ...