MGT share price, page-7148

In simple words, the statement by FED for an early increase in interest rates (In 2022-2023) is nothing more then the market realising that the real growth has not been achieved, which was expected anyway, isn't it? High inflation was also expected and to curb that, increase in interest rates is the most effective tool in hand which they gonna use against rising inflation. So it was more then expected in IMO.

It is still a speculative dip I believe, and even a newbie could realise that there is no actual growth in a US economy.

Now increase in interest rate will have inverse effect on commodity prices which in theory would fall with a rise in interest rate but saying this, we have a different ball game with IO which is already under supply shortages. I still cannot see any significant fall in prices of commodities including iron ore atleast till 2022. Let them play with the market for a measure which is due in 2022-2023 and even then we are not sure what gonna happen to IO supply/demand. Cheers DYOR