what's going on?, page-2

Economy catching up with the market.

There is plenty of supply while demand will reflect the performance of the economy... I.e. the economy will slow down and reduce demand.

I wonder if the fall in the iron ore price today is the start of a broader readjustment in line with assessments of the global economy. If so, my target entry price of $1.80-$1.90 stands. Though if the market over reacts, could go as low as $1.50.