Geopolitics Alpha

Copper Bulls on the Ropes: Trump's Tariffs Still Missing in Action as Macquarie Warns of a Slide Back to $10,000 a Ton

Published . Updated .

Copper Bulls on the Ropes: Trump's Tariffs Still Missing in Action as Macquarie Warns of a Slide Back to $10,000 a Ton BigGo Finance

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • AAPL Apple

    Sales and supply chains are exposed to a new tariff

  • NKE Nike

    Sales and supply chains are exposed to a new tariff

  • XLB Materials Select Sector SPDR

    A fund of materials companies

  • GLD SPDR Gold Shares

    Gold miners and the metal move together

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
AAPL———————
NKE———————
XLB———————
GLD———————
ITA———————
BA———————

Copper Bulls on the Ropes: Trump's Tariffs Still Missing in Action as Macquarie Warns of a Slide Back to $10,000 a Ton BigGo Finance

Source: BigGo Finance

How solid the defense case looks

12 out of 100

“Copper Bulls on the Ropes: Trump's Tariffs Still Missing in Action as Macquarie Warns of a Slide Back to $10,000 a Ton” scores 12 out of 100. The score uses 1 sources.