all my bearish grumbles coming to a boil nicely
....the trajectory of "correction", bubble bursting is impossible to call...but likely some debt deflation before elements of (if not full blown) stagflation in eurozone..perhaps us and uk
..how that impacts currencies and bonds is intriguing...what's yr take (yr an ex fx expert)?
profit taking, doubts about iron ore price
... volatility across ftse 100 miners is exceptional atm..suggesting no one knows/confident about future & valuation
in tough spot...perhaps this is an old fashioned short squeeze?
...is there a large short interest in iron ore spot/futures? ('fraid I am completely ignorant lol)