Tag: Rotation into Value Stocks
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Copper price foretells the post-election Stock Market Rally
Many people were pessimistic heading into the 2020 presidential election. But the price of Copper was foretelling a stock market rally. Prior to Trump’s surprise win in 2016, the price of Copper was stagnant. (see chart) Once he won, both Copper and the stock market rallied for the next 12 months. Prior to this year’s…