The markets got a major lift this morning after a decidedly positive report from China. The Chinese government reported that both imports and exports surged by nearly 50% last month from a year ago, a decidedly positive sign for the global economy. China is a major importer of industrial and base metals, including copper and steel. Exchange traded funds (ETFs) that track those metals have surged higher this morning. Here are more stories on metals and China that may interest you:
- China ETFs: Foreign Investors Think Long-Term
- China ETFs, Rising Wages and the Trade Deficit
- Copper ETFs: Buy, Sell or Hold?
- Steel ETFs Feel Weight of Increased Production
- How Metals ETFs Changed Investing
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.