This is a syndicated repost published with the permission of Confounded Interest - Online Course Notes For Financial Markets. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
I thought the top news of the day was Lindsay Lohan announcing her candidacy for President of the USA, but the decline in iron and copper prices seemed more relevant.
China is indeed slowing in terms of economic growth. And taking iron and copper prices down with it.
I never thought I would mention Saudi Arabia and Lindsay Lohan in the same article.
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