Resource Stocks

  1. 236 Posts.
    has anyone noticed the resource stocks getting a general hammering recently? This could be:

    1. the $A rising
    2. the thoughts of global growth diminishing
    3. a move to growth (doubt it)
    4. a move to bonds (more likely)
    5. a feeling that the upcoming quarterly figures for thse companies with actual production and earnings are going to be hit by low commodity prices, low oil prices (in Q1) and bad hedging strategies.
    6. All or some of the above.

    The question is, when will the worm turn?


 
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