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Freeport-McMoRan Inc. (FCX.MX)

Mexico - Mexico Verzögerter Preis. Währung in MXN
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358,02+4,02 (+1,14%)
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  • d
    david
    I certainly enjoy the information on mining here but as the trading day gets started:
    the Treasury yield curve has been inverted for over a quarter now (predictor for every major recession)
    The housing market is softening almost everywhere
    75% of S & P companies are issuing profit warnings (like FCX)
    We will soon be at 3 quarters of lower revenues and profits
    Previously purchased stock is depleted so Tariffs/Tax hike is just really starting to bite
    The ECB has gone into the last gear of money printing as the European markets start to tank

    In all would not the more relevent question be not how much and how effectively copper can be mined but rather will the be a market for it in a global recession?
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