Have metal stocks’ dependence moved from Chinese apartments to world's power grid? 5 metal stocks with ups
Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only a limited reaction, or literally nothing. It can be because of two reasons: Either the old rule is changing, or the bad news has been discounted by the market. Either way, it is time to relook at metal stocks, but only by investors who have the ability to be contrarian as well as tactical. Coming back to China: Has it stopped mattering? Not quite. It has started mattering in a more complicated way. And that is where the AI connection for metal starts.
Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only a limited reaction, or literally nothing. It can be because of two reasons: Either the old rule is changing, or the bad news has been discounted by the market. Either way, it is time to relook at metal stocks, but only by investors who have the ability to be contrarian as well as tactical. Coming back to China: Has it stopped mattering? Not quite. It has started mattering in a more complicated way. And that is where the AI connection for metal starts.
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