The volatility in the markets has continued in force this week. At the time we are writing this blog, the price of metals has taken a significant beating, including copper which has fallen about 25% over the last three weeks alone. Additionally, the Canadian dollar has been driven down about 10% against the U.S. currency since its peak in July and the Toronto Stock Exchange, with its heavy exposure to commodities, has dropped about 20% as the “bears” have come roaring back. Forecasters around the globe are busy re-forecasting economic growth and other important indicators.
peeladmin | Filed under: Company News, Electronic Scrap Recycling, Scrap Metal Recycling | Tags: consumption, economic cycles, Europe, investor, market volatility, metals, October, risk management, solar roadways, USA | No Comments »