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Good ‘ol days return as Big Iron crashes

David Llewellyn-Smith

Wednesday 22 March 2017

Dalian is open and soft but holding:

The good ‘ol days return today as Big Iron is getting hosed:

FMG is falling -5% and describing a superb head and shoulders topping pattern:

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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.