rinker recover after profit taking

Rinker closed on the ASX at A$21.00 on Monday and start on the NYSE at US$80.95. Their is a more upbeat view on RIN in the USA, as most profit taking seemed to be based in the more heavily traded ASX.

After some more consolidation Rinker Group should move on to higher levels. Interest rates in the USA have not yet quite peaked, as the Fed continues to boost money supply to balance a boom versus inflation and interest rates.