free fall?, page-19

Short-term is looking like a mini-bloodbath for sure. In my mind however the fundamentals remain unchanged. What do they say about "fear"? Isn't that the time you should be buying?

Fe prices need to ease, but we are talking about spot prices here, which are still far above the quarterly benchmark. Same goes for housing prices. Regulators are perhps overly sensitive to the warning signs, but given the fact we are still crawling out of the slime that was the GFC I don't blame them.