Markets after Paris

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Australia’s former prime minister, Tony Abbott, relaunched himself yesterday and is colouring much of the press coverage of the Paris attacks today:

“We are helping to train the Iraqi army, we advising and assisting the Iraqi Special Forces,” he said. “I certainly think that this latest atrocity, on top of other recent atrocities, does indicate that we do need to do more to tackle this toxin at its source.”

When asked whether that meant sending troops in, Mr Abbott replied that he didn’t want to give public advice.

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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.