IKN

Take physic, pomp

Yes, a nice move in copper today, but…

…plus ça change, plus c’est la même chose:

The new normal continues, right up to the moment when it doesn’t.
And generally speaking, any sudden move in anything at the end of a quarter is easy to discard, remember there are a lot of fund managers who make most of their money on performance bonuses. Dress those windows, guys.

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