Peter McGuire discusses the volatility in the commodity market due to Trump’s potential tariffs on copper imports aimed at boosting US production. Despite the uncertainty affecting market stability, the demand-supply dynamics and potential disruptions in copper will influence prices. McGuire also observes the interplay between the US dollar index, treasury yields, and inflation, highlighting the complexities in market forecasts.
Wall Street Week Ahead: Jobs data, tax bill, trade on tap for rebounding US stocks
US markets are nearing record highs, influenced by economic data and trade policies. Tax and spending legislation are under consideration. Donald Trump plans to negotiate
May 31, 2025