It is upstream of small metal. In fact, we are divided into two categories upstream. Aluminum, copper and coal are more valuable, while lithium, phosphorus and rare earth have increased. Therefore, if the United States raises interest rates, copper and aluminum futures will strengthen. The logic is that raising interest rates represents economic strength and demand will increase. During the epidemic, global supply was squeezed, resulting in a mismatch between supply and demand. Let's not talk about lithium, phosphorus and rare earth.

Therefore, the small metal I am talking about is actually not contradictory, but it is growing strongly today, but its value is not weak, because raising interest rates is expected, which is not the logic of falsification.

The price increase of crude oil is the root of everything. Crude oil rose, inflation pressure in the United States was high, interest rate hike was expected to be strong, and growth stocks were suppressed.