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Iron Ore's Price Spike Is 'Unsustainable'
Tuesday, March 8, 2016 - 11:57am | 641Analysts have a bearish outlook on iron ore prices, saying that the recent surge in the prices of iron ore is "unsustainable." Citi remains bearish short-to-medium term on iron ore prices, while Axiom Capital expects the prices to come down in the second quarter. Iron ore prices...
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Is Glencore Too Big To Fail?
Tuesday, September 29, 2015 - 2:09pm | 863An Investec note highlighting Glencore International PLC, St. Heiler (OTC: GLCNF)’s debt issues have sent shares plunging this week. Glencore’s size and role as a commodity trading firm have drawn fearful comparisons to Lehman Bros. A report by University of Houston professor Craig...