✨ All that glitters ain't gold

Experts predicted that copper could be the new gold | UK food prices were finally more appetizing | [Finimize](   TOGETHER WITH   Hi {NAME}, here's what you need to know for January 4th in 3:15 minutes.   ☕️ Finimized over a flat white with homemade almond milk at [BGS]( in Bali, Indonesia (🌦 28°C/83°F) Today's big stories - Experts forecasted that copper will be a lot more expensive soon, maybe even overtaking gold - It’s tempting to try to time the market, but here’s a smarter approach – [Read Now]( - Grocery inflation slowed down in the UK, gifting Brits something of a holiday miracle Strike Gold [Strike Gold] What’s going on here? Experts predicted that copper could [outshine]( gold by reaching record-breaking prices by 2025. What does this mean? The world’s taken decades to catch onto the fact that fossil fuels are destroying the planet. But after a slow start, governments around the globe are suddenly clamoring over electric energy. So much so that copper – a key component of electric cars, wind turbines, and solar power systems – is in short supply. There’s little chance that the metal will fall out of favor anytime soon: Citibank estimates that renewable energy initiatives could double demand for copper by 2050. And at the recent COP28 climate change conference, more than 60 countries were in favor of a plan to triple global production capacity for renewable energy by 2030. So unless copper miners find a faster way to shore up stock, experts believe copper prices will tick up by some 75% in the next two years. Why should I care? For markets: Gold’s old news. The prospect of rising prices has plenty of companies pouring cash into the industry and shaking hands with key suppliers to make sure they have a stake in copper’s future – gold producers Newmont and Barrick Gold, to name two. That bet will take years to pay off, but in the meantime, their leaning into copper could make gold’s price swings easier to stomach. Zooming out: Read the room. If you had any sense of style in the mid-noughties, you sported a color-changing mood ring. Well, copper has taken that spot for investors: it may be less aesthetically interesting, but the metal can indicate the state of the global economy. After all, it’s used in a ton of industries, so the busier they are, the pricier copper is. Make sure to keep an eye on it this year: China’s still working on its long-awaited comeback, and if the country finally builds some momentum, that’ll likely show up in copper’s pricing. You might also like: [A $3 trillion boom is coming, and you might want to get in on it.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Strike Gold&utm_campaign=daily-global-04-01-2024&utm_source=email) Analyst Take Trying To Time The Market Is For Fools: Here’s What You Should Be Doing Instead [Trying To Time The Market Is For Fools: Here’s What You Should Be Doing Instead]( [Photo of Reda Ferran, CFA] Reda Ferran, CFA, Analyst It’s always tempting to try to [time the market]( – selling your stocks just before they fall and buying back in just before they rise. Everyone wants [above-average returns](, after all. The [problem is](, it almost never works out. For the vast majority of us, trying to time the market is a [recipe for losses](. So that’s today’s Insight: [instead of trying to time the market, do this](. [Read or listen to the Insight here]( SPONSORED BY ISHARES Investors may be overlooking a potential opportunity As it stands, the market seems to believe the Federal Reserve is done with its interest rate hikes. iShares agrees with that. However, while some may expect [rate cuts]( to come thick and fast in 2024, iShares doubts that the first cut will come before the second half of the year. That matters: some believe that investments take off when rates drop, but historically, it’s the [time between the last hike and the first cut]( that can actually be the most rewarding for investors. So if you dove into cash like much of the world did this year, it may be time to consider [a foray back into markets](, according to iShares. But first, [discover what the macro insights from iShares could mean for bonds, stocks, and must-watch investment themes in 2024](. [Find Out More]( iCRMH1223U/M-3292428 When you support our sponsors, you support us. Thanks for that. Food, Glorious Food [Food, Glorious Food] What’s going on here? UK grocery inflation showed signs of slowing down just in time for the holidays, letting Brits enjoy their festive favorites – no gruel in sight. What does this mean? Food’s been a major catalyst of inflation over the last couple of years, with blocked supply chains limiting supplies and making even everyday essentials more expensive. But now, it looks like the Bank of England’s inflation-fighting interest rate hikes are finally paying off. British grocery prices still climbed 6.7% higher in December, but the drop from November’s 9.1% increase marked the biggest slowdown since 2008. That was enough to pull cash-strapped Brits back into supermarkets: they made nearly 500 million trips to the shops in the month up to December 24th, the most at that time since before the pandemic. Their shopping carts weren’t sparse, either, with the average household spending an all-time high of £477 ($602) on groceries last month. Why should I care? For you personally: Lunch won’t come cheap. Don’t stop watching the pennies yet, though. Prices might stop bloating at their current rate, but they won’t come down to where they were a few years ago. Think of it like this: a kilo of steak might “only” cost $19 instead of $18 a couple of months back, but that’s still hard to stomach when you’d pay $14 only two years ago – especially when your income hasn’t risen to match it. For markets: Joy will cost you. Those festive shoppers didn’t go completely merry, though. Holiday shopping is expensive at the best of times, so Brits went bargain hunting: almost a third of that December spending was on marked-down items. They sought out cheaper stores, too, with discount retailers Lidl and Aldi winning their biggest-ever market shares over the period. And because it’ll take a while for folk to rebuild their financial confidence, the discount duo could keep stealing business from pricier brands for some time. You might also like: [Investing in real assets to help mitigate inflation](. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Food, Glorious Food&utm_campaign=daily-global-04-01-2024&utm_source=email) 💬 Quote of the day "To be is to do." – Immanuel Kant (a German philosopher) [Tweet this]( 👀 Get eyeballs on your hard work Content is a proven way to keep customers engaged – even for businesses that have nothing to do with words, audio, or pretty pictures. Discover how [the right content could keep your customers coming back for more](, no matter your business model. [Book A Demo]( 🎯 On Our Radar 1. Self awareness versus nostalgic delusion. Your New Year’s Eve plans revealed [your inner psyche](. 2. Meet the hospitality industry's disruptor. [This newly public company]( is reinventing travel for nomads.* 3. An apple a day keeps the doctor away. [A glass of wine a day]( is more controversial. 4. Staking crypto could help your returns. Here's [how it works and the potential risks]( to watch out for.** 5. Get ready to see more of Mickey. 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