- Rockets: energy, gold, CCI, Treasuries
- Up: $US
- Flat: grains, euro, Aussie, metals
- Crushed: ore
- Contagion:
| Greece | 2 Year | 5 Year | 10 Year |
| Portugal | 2 Year | 5 Year | 10 Year |
| Ireland | 2 Year | 5 Year | 10 Year |
| Spain | 2 Year | 5 Year | 10 Year |
| Italy | 2 Year | 5 Year | 10 Year |
| Belgium | 2 Year | 5 Year | 10 Year |
| France | 2 Year | 5 Year | 10 Year |
| Germany | 2 Year | 5 Year | 10 Year |
- Richmond Fed, Consumer Confidence disappoint. Calculated Risk
- BOJ to print. Zero Hedge
- Barclays sees 60% cut as CDS trigger. Zero Hedge
- EFSF needs more time. Bloomberg, FT
- European recession. WSJ
- Italian government close to collapse. FT
- China developer warns of crash. FT
- China to ease by year end. Bloomberg
- Money managers and commodities. Alphaville
- Trade rethink. SMH
- Bank crisis plans ordered. The Oz
- Hard landing coming to China: Roubini. The Oz
- Europe hitting ore market. Reuters
- China hitting ore market. FT
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.
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.
Latest posts by David Llewellyn-Smith (see all)
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- Australian dollar poised for higher as Trump destroys America - June 1, 2020
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@Nouriel
The iceberg the global economy Titanic is cruising to… yfrog.com/hspwfbogj
..chirping a rethink,is..whats easy about selling assets into globalization…not making many ,and telling others they need to differently ..like a feather-stuffing
profession it cushions ,someones head..
Cheers JR
With all the bad news …check this out for some good news:
I’m making one for my garden shed to try it out:
http://www.youtube.com/watch?v=SBWi3NtND68
How the hell did we miss this! !
.
http://www.smh.com.au/opinion/politics/enough-of-the-pedlars-in-politics-20111025-1mhz3.html?rand=1319549273888
.
Go Jessica!!
.
PS: Gittins! Please take another 2 months off – you deserve the break