A bullish narrative is playing out here on China and the reflation trade. I just heard some analyst on Bloomberg says Japanese GDP would grow by 2% this year. If so, that’d be evidence of a god, a true miracle.
Copper rising by more than 2% here absolutely pulverizes any attempts at derailing this rally.

The usual suspects should rally off this move: $FCX, $BHP, $RIO.
Dow 20k or die.
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So no FCX at 4 this year?