Trio of critical signs point to global economic slowdown

Downturn in copper prices, weak shipping rates and historic yield inversion raise red flags

20230530N Container ship

Container shipping rates have dropped with consumption. © Reuters

SHINICHI ARAKAWA, Nikkei staff writer

TOKYO -- Three leading indicators, namely lower copper prices, the inverted U.S. yield curve and depressed shipping rates, have converged to warn of a slowdown in global economic growth.

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