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Home > Copper Plunge Continues Despite Chinese Stimulus

Copper Plunge Continues Despite Chinese Stimulus

By Tyler Durden
Created 04/21/2015 - 14:24
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Submitted by Tyler Durden [1] on 04/21/2015 14:24 -0500



 

Since China unleashed its latest (and greatest since 2008) RRR cut, stock prices have surged amid the liquidity hype. However, perhaps more indicative of the underlying reality of just what good an RRR cut will do to a debt-saturated economy full of weak credits thanks to tumbling asset prices, copper prices have now plunged over 6% in the last 2 days...

 

[6]

 

But still BTFATH in Chinese stocks...

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-04-21/copper-plunge-continues-despite-chinese-stimulus

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