Copper Crumbles as Tariff Deadline Whiffs—Traders Left Holding the Bag
Markets yawned as another manufactured deadline evaporated—but copper wasn’t so lucky. The industrial metal got steamrolled while paper-pushers debated hypothetical trade wars.
Blood in the trenches
No tariffs? No problem—unless you’re long copper. The red metal tanked as ‘risk-on’ algorithms pivoted faster than a politician dodging questions. Warehouse inventories are stacking up like unanswered SEC subpoenas.
Liquidity vampires strike again
Futures markets bled out as macro tourists panicked. Copper’s 5% nosedive proves metals still dance to China’s tune—just don’t tell the ‘de-coupled economy’ permabulls.
Another day, another ‘catalyst’ that was really just liquidity sharks feeding on weak hands. But hey—at least the algo that trades headlines bought the dip (until it sells at 3AM).