Stevens hits Australian dollar below 91 cents

The Pascometer continues to deliver for Australian investors as the Australian dollar fell below 91 cents this afternoon on Glenn Stevens’ speech:


Houses and Holes

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 fouding 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.


  1. Everything is going exactly to plan…just a few little bumps on the way down, and hopefully no hard landing!