He’s back and he’s buying…you guessed it…iron ore. In Dalian today:
Big Iron is following with BHP 1.6%, RIO 2% and FMG 4.8%:
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Pretty typical bear market rally stuff.
I am BANANA MAAAAAN!
David Llewellyn-Smith
Friday 21 April 2017
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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.
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