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S&P Global's latest alert: a 10 million tonne copper deficit looms by 2040, potentially triggering systemic economic strain. This supply crunch could reshape commodity markets and force portfolio rebalancing across asset classes. With industrial demand climbing and production constraints tightening, the ripple effects on manufacturing, energy transition, and infrastructure investment are hard to overstate. For traders and investors watching macro trends, this copper squeeze signals deeper structural shifts in how we price essential resources and hedge economic volatility.