Macro Musings with Jim Leitner
The Market Huddle
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The Financial Bid in Copper and Oil Is Much Larger Than Folks Recognize
When you have huge fiscal spends and a robust economy then there's huge projects that go underway. And so when you're trying to fight inflation the demand for basic materials increases. So saying that it's just trader driven I'm not so sure I'm going to drink that Kool-Aid. But I don't think it's just traders though Kev. I mean I actually think it's economic activity.
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