Emerging Markets vs. Copper: A Noteworthy Correlation
by Editorial Staff
Updated: May 05, 2021
You hear about market correlations a lot -- one market moves up or down, and another one follows.
One thing to know about correlations is that eventually they all end, so just a correlation is not enough to know where both markets (or either one) should go next.
Lately, copper price and emerging markets have moved together. Interestingly, both also have shown similar Elliott wave patterns.
Watch our Asian-Pacific Financial Forecast editor, Mark Galasiewski, explain more -- and give a hint as to what's next.
Free, watch now