re: zn up 6.54 percentage: why Andrewe
Firstly, no country including the US has ever engineered a soft landing. They talk about it but it is yet to happen anywhere, anytime.
Market gyrations cannot be explained on a night by night basis.
Sure, I may well be wrong and that is why I quoted some prices. Considering the price levels achieved, further appreciation would be both remarkable and also devestating in infationary regard.
We ahve seen the dampening effect that oil has had, and metals are a similar component. Any increase in metal prices will have a corresponding dampening effect on markets and subsequently their underlying economies.
But what do I know.
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