Goldman's most recent research says we're not going to hit a deficit for three more years, so 20 25. But by 20 25, the price is going to more than double for copper. And that's because the market, the lit tinaastrat china, is very much aware of that,. They are the ones also going out there trying to secure off take agreements and by part of mines in all different parts of the world. People like elon musk say, you know it, maybe we don't want to touch that copper mine in the democratic republic of congo. By the way, there was a proposed land swap. What happened there? Ah, so the
Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow discusses FedEx suffering its biggest stock drop since at least 1980 after withdrawing its earnings forecast on worsening business conditions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Metals & Agriculture Deputy Team Leader Joe Deaux share the details of Joe's Businessweek Magazine story Biggest US Copper Mine Stalled Over Sacred Ground Dispute. Bloomberg News Agriculture Reporter Elizabeth Elkin explains why a La Nina three-peat brings a $1 trillion risk to global economies. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute.
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