FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-42805

  1. 10,344 Posts.
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    I don't think the market really cares about the Fed, it's the market itself increasing interest rates (period), which will force the Feds hand (who cares). It was collapsing interest rates that saved the market during COVID - the valuation impact of declining interest rates outweighed the valuation impact of lower earnings, but that's unwinding now and could be painful. Probably doesn't mean much for resource stocks provided growth expectations don't change.

    US 10 year yields - click here.
    Last edited by convexity: 19/01/22
 
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