Of greater importance are central bank decisions to continue quantitative easing. This will matter more in the intermediate term, because global growth depends on it. Easing will probably continue, though bond yields are now rising. The recent sudden drop in bond prices is a concern. If this continues, then look for more pressure on the iron ore producers.
4 Things To Look For Before Iron Ore Bottoms
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.