Citi Explains Why Mining Stocks Won’t Tank Like They Did In 2008

Base Metals Investing

Business Insider reports the mining index is down 23%.

Business Insider reports the mining index is down 23%.

The market news is quoted as saying,

Right now companies have better balance sheets than they did in 2008, valuations aren’t stretched, and  China which had slowed down its commodity demand then has the capacity to re-accelerate now.

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