CommoditiesIron ore price

Daily iron ore price update (commodity crazy town)

David Llewellyn-Smith
Thursday 13 January 2022
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The ferrous complex has joined the commodity crazy town engulfing global markets. Everything was up on January 12, 2022:

Commodity crazy town is here:

  • A falling US dollar based despite Fed tightening.
  • Strong US inflation.
  • Chinese stimmies and OMICRON disruptions driving more inflation.

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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.