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

Morgans Financial Limited
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)
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Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.

Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.