Gavekal Capital: What is the Metal with a PhD in Economics Telling Us?

Wednesday, November 13, 2013

What is the Metal with a PhD in Economics Telling Us?

Copper has rather quietly displayed a good amount of weakness over the last few weeks and is down another 2.2% today. We highlight this because copper, having so many industrial and construction related uses, tends to be a good thermometer by which to measure the temperature of global growth. Admittedly, stocks have been sending a different signal over the last year, but we presume other factors could be at work there.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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