Zinc Enters Bear Market as Trade Weakens Industrial Metals

The video discusses the impact of trade and confidence on market conditions, highlighting the recent copper rally and the zinc market's supply issues. It also examines the softening of global growth and market momentum, noting that while momentum is slowing, the world is not falling apart. The discussion includes macro and micro fundamentals, the role of PMI indices, and the natural tendency for profit-taking in high markets.

What recent event caused a rally in copper prices?

• Government subsidies

• New mining technology

• Strike fears

• Increased demand from China

Why are the macro fundamentals not supportive of the market currently?

• Government regulations

• Decreased consumer spending

• New mined supply coming online

• High inflation rates

What is the current trend in global growth momentum?

• Accelerating rapidly

• Slowing down

• Remaining stable

• Declining sharply

What economic indicator is mentioned as a concern for investors?

• Unemployment rate

• GDP growth rate

• Interest rates

• PMI index

What is a natural reaction for investors when coming off a high market base?

• Selling at a loss

• Holding assets

• Taking profits

• Investing more