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One of Jeffrey Gundlach’s favorite indicators is pointing to solid global growth
While economists parse through every word from the Federal Reserve in the hopes of figuring out where interest rates are headed, a more telling indicator may be found in the commodities market; and it's likely pointing to growth ahead. The copper-gold ratio, a metric that is calculated by dividing the price of copper by the price of gold, is surging. Some investors — including so-called bond king and influential investor Jeffrey Gundlach of DoubleLine Capital — watch this indicator closely for clues on inflation, as demand for copper is often a reliable indicator of global growth. "We've seen copper futures push ... (full story)