Month: November 2015

Dr. Copper (follow up)

Serendipitously, just after I wrote my last post on copper and commodity prices (see here), I saw an article on the same topic by Ambrose Evans-Pritchard. AEP is the international business editor of The Daily Telegraph. He writes about a…

Dr. Copper

Copper is a ubiquitous industrial metal used in the production of everything from plumbing to construction materials to electrical wiring. As it pertains to equity markets, copper has been referred to by Wall Street as “Dr. Copper.”  The term implies that…

Rising inventories – a potential concern?

Various economic data points catch my eye. One of these is the inventory to sales ratio. The current inventory to sales ratio is potentially concerning. As businesses operate, they anticipate future sales and buy inventory accordingly. High inventories are potentially worrisome for…