FMG 3.61% $20.10 fortescue ltd

financials smashed resources back in favour

  1. 960 Posts.
    banks and finacials got smashed lower last night in europe and the USA last few days a suckers rally but after the bullish retail sales and lower inflation figures out of china last 48 hrs guess what i am reading commenty stating that maybe people are wrong about lower chinese growth ,i also note that govt chinese authorities are now saying they will focus on policies to encourage economic growth in particular domestic growth,resources ready for blast off!!!financials back into the dog house IMHO.
 
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