Markets

Analyst Actions: JPMorgan Says Investors Seem Most Concerned About Ongoing Collapse In Commodities

According to a note released through JPM's sales desk, "investors seem most concerned about the ongoing collapse in commodities and the implications this has for growth. A lot of charts are being circulated comparing copper, gold, and/or TIPS w/the SPX (the first three have turned down hard and in the recent past have been positively correlated to stocks). Copper in particular is being watched Wednesday -- prices are off ~3% today and >12% YTD (and investors are still trying to figure out whether this is supply-related."

Note, TIPS are treasury inflation protected securities.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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