Copper's next move: More than just a macro play?

Been watching copper lately and it feels like the narrative is shifting a bit, or at least it should be. Everyone's quick to point to the broader macro picture, especially with the global manufacturing slowdown and that $USDTHB hitting 33.7. And sure, those factors are huge. But I'm starting to wonder if we're not underestimating the supply side constraints coming down the pipe. It's not just about demand cooling; there are real issues with new mine development and existing operational challenges that might create a tighter market than the current macro view suggests.

Am I crazy to think copper might decouple a bit from the overall economic sentiment sooner rather than later because of these supply dynamics? What are your thoughts? Push back on this one, I'm curious where the room stands.