Crisis is the new black! (members)

Wednesday, 23 July 2014

Gosh, what has MB done? Three years of talking a little truth to power and the business media has gone barmy, too barmy even for bearish little me.

Business Spectator may publish the perma-bulls in “Mad” Adam Carr and Craig James but they’re being drowned out by a thumping chorus of doomsayers in Rob Burgess, Callam Pickering, Tristan Edis, Robert Gottliebsen and even Stephen Bartholomeusz.

The Markets Live blog at Fairfaxand the AFR have also been publishing a steady stream of warnings from “strategists” that stock market doom is nigh. Even the Pascometer appears to have malfuctioned (which may be my fault, sorry!)

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.