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Why One Strategist Thinks “Dr. Copper Should Be Sued For Malpractice”
Right, so there's been no shortage of commentary on China and commodities recently.
More specifically, there's been no shortage of commentary about how Beijing's efforts to rein in speculation may be contributing to metals mayhem by effectively acting as a margin calls. As RBC's Charlie McElligott wrote last Thursday, the combination of higher money market rates and Beijing's crackdown on shadow lending is "acting as 'margin call' on 'commodities as collateral' financing trades."
Simple put, l
