Loading ...not to wake up in the morning to a smackdown. I wonder what’s really going on?
“The Iron Ore Market Has Gone Berserk” – What Drove Iron’s Biggest Surge Ever
Submitted by Tyler Durden on 03/07/2016 – 08:28 
‘Efficient’ markets at their very best once again. Following a 19% spike overnight, analysts and traders alike are stunned by “the departure from fundamentals” as “the iron ore and steel markets have gone berserk.” On the heels of home price surges, sent soaring after government suggestions that they will support growth, “investors are expecting further monetary easing by the Chinese government to boost steel demand,” but as Bloomberg notes there has been no “corresponding increase in physical orders.”