I don't focus on copper as heavily as other commodities because I'm relatively bearish on industrial commodities over time, expecting more disinflation to come before a shift, with copper exposure tied to the reflationary outcome thesis.

factualpending

Speaker

Raoul Pal

Evidence Quote

Bearish over time industrial commodities... more disinflation to come

Source

Lyn Alden's Macro Masterclass (w/ Raoul Pal)Real Vision
Created: 8/12/2026, 10:22:19 PM

My Notes

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