A broader look at the economy and markets
Chris Temple and I take a step outside the daily market moves and look at where the US economy is, how the consumers feel about everything, and what that means moving forward fro the markets.
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Excellent commentary Chris.
Thanks, bb
Starbucks helps me stay regular.
Jinkies! https://www.youtube.com/watch?v=q76evm7Qtws 🙂
Longer-term, I think anything under $10 is a steal. If you can get it under $8, it’s highway robbery. But I’m still going to hold off here… I will say this though: Icahn insists he likes FCX because he thinks copper will rebound. That’s the 2nd or 3rd reason to like it. NOBODY talks about the energy assets it has after re-absorbing the old McMoran Exploration – that’s the “sleeper” part of this company. But the rebound needs to happen sooner rather than later before there’s a debt issue that can’t be managed OK.
Another excellent show Chris. Many thanks for all your efforts.
Thank you!
Btw,……FCX should double bottom sub 8.00 and is at least a short term buy. Lets keep an eye on it and see what happens in the next few days /weeks..
Chris, any comment on FCX at these levels