COPX

-Reuters

Cyclical stocks with high cost structures and/or high debt loads are more volatile.Cyclical stocks should only be bought when their share prices have been beaten down and when there is overwhelming evidence that the economic cycle is still early stage.A cyclical company whose leadership makes poor capital allocation decisions will get you nowhere in the long run (or worse).

The union of supervisors at BHP's ([[BHP]] -0.1%) Escondida mine in Chile says it reached an agreement on a labor deal, averting the threat of a strike at the world's

The union of supervisors at Chile's Escondida mine, the world's largest copper deposit, says it has rejected [[BHP]]'s final offer in contract negotiations, increasing the possibility of a strike.The union

Supervisors at [[BHP]]'s Escondida mine overwhelmingly rejected the company's final wage offer, moving them a step closer to a strike that could slow production at the world's biggest copper operation.BHP

London copper (HG1:COM) finished -4.3% today to settle at US$6,387/mt, the biggest decline since March 18, amid concerns over the pace of economic recovery from the pandemic.Copper has climbed for

Most actively traded copper futures (HG1:COM) for December delivery +1.3% to $3.028/lb., moving back toward a multiyear high $3.116/lb. reached two weeks ago after data showed China's economic recovery is

"Japanification" is the process of other countries' economies becoming like that of Japan: flatlined, with little to no growth or inflation and interest rates stuck at zero indefinitely. Because of the Monetary Death Spiral process that I've described elsewhere, many countries around the world are undergoing the process of Japanification. With interest rates now stuck at zero for the long haul and the Fed focused on employment above all else, the US has now completed the process. I go through nine economic metrics to show how the United States is walking down the path of Japan.