FMG 1.96% $17.97 fortescue ltd

Iron ore price, page-46875

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    I feel its near impossible to have such rapid changes in interest rates, plus quantitative tightening, plus rolling off a global decade+ long period of unprecedented monetary experimentation and not have something blow up somewhere.

    Considering China's economic cycle is completely at odds with the rest of the world, it makes sense it may be there. It just doesn't matter which way they turn, they are cornered via inflation/political unrest & currency depreciation or a significant economic slow down.

    The country is a mess as a result of their numerous self inflicted measures that have gotten out of control and they have done that at the worst time economically, from a global perspective.
    Last edited by convexity: 19/08/22
 
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