Iron ore wakey, wakey

Monday, 10 March 2014

In the immortal words of some other investment opinion: “don’t buy now”:

Here’s another chart from SMH blog capturing the iron ore price versus equities divergence I’ve been pointing to for some time:

Plenty of room for catch-up falls.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.