Equity Risks and Signals from Copper Options Jun 17, 2022 View in your browser Dividends Signal Risks to Equities; Elevated Uncertainty in Copper By Erik Norland, Senior Economist CME Group Dividends Point to Risks in Equities Fed begins quantitative tightening, ending its massive asset purchases Investor expectations for dividends to remain stable from 2022 to 2032 By comparison, the S&P 500 has fallen from a high of nearly 4,800 to a low of 3,780 Net present value of future dividends has been falling after peaking in 2021 Read article Signals from Copper Options Implied volatility in copper options higher than pre-pandemic levels Options seem to signal significant price move in copper Options traders divided over whether prices will move higher or lower Prices tend to move in the opposite direction of what risk reversal suggests Read article SEE MORE ANNOUNCEMENTS
