Australian recession Commodities Iron ore price

RIO crashes as mining GFC accelerates

David Llewellyn-Smith

Tuesday 8 December 2015

Another night at the mining GFC. In macro terms we again had a firm US dollar:

Weak base metals:

And weak oil:

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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.