Sunday, February 26, 2023

Forbes.com: More News That Points To No Recession

By SIMON CONSTABLE

It's now more than half a year since Wall Street’s Cassandras warned of an imminent unavoidable recession. It still isn’t here and yet now there are signs of growing global strength, experts say.

“Signs outside of economic data suggest the economy may be doing better than headlines indicate,” states Adam Turnquist, chief technical strategist for LPL Financial. “One of those signs comes from copper, which is widely considered to be a leading indicator for global economic growth, given its extensive use across many sectors.” Read more here.

Bundles of Copper cathode
via Wikimedia Commons

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