Who to ignore vis the commodities bust

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There is a lot of media poppycock today vis-a-vis the commodity crash and market ructions so I’ve complied a list of folks to scratch off your list of those worth listening to.

Fresh from destroying blue chip portfolios across the nation, the Sykesnado is back with more bad advice:

It is now too late to panic and sell: you should have done that 10 months ago. It is also too early to buy, because we cannot be sure the market has bottomed. You could be catching falling knives, which is one of the most painful things anyone can do in the market. So you might as well spend your time seeking spiritual enlightenment.

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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.