FMG 1.21% $24.03 fortescue ltd

I mentioned a few days ago that the US 2-year rate looked like a...

  1. 10,142 Posts.
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    I mentioned a few days ago that the US 2-year rate looked like a pressure cooker about to explode, last night's US CPI numbers was the last straw. The writing has been on the wall for some time, rate cuts are not happening anytime soon.

    https://hotcopper.com.au/data/attachments/6093/6093952-97538699751cd9b30bb4e4ae53b837c6.jpg

    The good news however is the AUD tanked and opening expectation for resource stocks look a bit too good to be true...

    https://hotcopper.com.au/data/attachments/6093/6093950-5513cedec6d929bb5c5ce42bdd930975.jpg
    Last edited by convexity: 11/04/24
 
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