Daily iron ore price update (empty apartments)

Tuesday, 12 May 2020

Iron ore prices for May 11, 2020:

Not much in news but check this out:

Suddenly the empty apartments recovery looks to be in trouble. No wonder the PBOC is mulling flood stimulus. More on that later.

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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.