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Bloomberg Marketsglobal

Copper's Upward Trend Can Continue, BlackRock Says

Bloomberg Markets
Wednesday, August 19, 2026 at 9:15 AM
~4 min read
Inflation

Original Report

"The trend is very much your friend," says Evy Hambro, head of fundamental equities thematic and sector investing at BlackRock, when asked about the rise in copper prices. "We are seeing a very tight...

"The trend is very much your friend," says Evy Hambro, head of fundamental equities thematic and sector investing at BlackRock, when asked about the rise in copper prices. "We are seeing a very tight market," he tells Bloomberg Television. "It's very easy to say: well, okay, it's gone up a lot and we should ignore it, and it's too late. The reality is, if you've done that you've missed out." (Source: Bloomberg)

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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