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The ferrous complex was mixed on September 14, 2022:
Overnight action was strong again on the Dalian bourse, as it has been for two years now as Wall Street continues to buy real assets.
Not much else to report today. I remain bearish based upon new home sales in China:
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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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