Iron ore equities have hit an air pocket....again

Iron ore equities have hit an air pocket....again. Our Senior Resources Analyst Tom Sartor asserts that the fundamentals in China haven't radically changed, but investors are increasingly nervous and equity volatility has a hair trigger. We've seen this many times through the 'cycle' and don't think portfolio investors need to panic. Assertive investors may trade the dips. We retain our preference for BHP over RIO and will watch Fortescue (FMG) closely for a buying opportunity: (VIEW LINK)