More stimulus hopium for iron ore

David Llewellyn-Smith

Monday 28 October 2024

Friday saw a rebound in steel:

And iron ore:

After a series of stimulus positive comments about the forthcoming NPC scheduled immediately after the US election.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.