Liam Denning, Columnist

Trump Takes Copper Bulls Down Memory Lane

Any infrastructure lift could be countered by slack Chinese demand.

November 11, 2016 at 3:37 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

A big part of President-elect Donald Trump's appeal was his promise to restore, among other things, U.S. manufacturing and mining jobs that have disappeared over several decades.

Color me skeptical on that one being delivered as hoped. A big infrastructure investment plan, however, does appear to be in the works, worth perhaps $1 trillion. Copper prices have surged on the back of it, up 13 percent since Tuesday and extending a rally that began 3 weeks ago.