BHP, RIO flat, FMG up as China weighs

David Llewellyn-Smith

Monday, 14 September 2015

Big iron ore not having much fun today with RIO and BHP down half a percent but FMG is better up 2.5%:

Idiocy spreads continue to close:

And juniors to die. The so called iron ore “bull market” has not pulled one of them out of the grave:

Dalian is flat at 407 today for no obvious reason.

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.