Market applauds Domainfax’s evil plan
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Iron ore futures are flat after overnight falls suggesting a decent hit tomorrow but holding on despite Chinese house prices and sagging coking coal futures. The miners are down:
Big Gas is weak despite strong oil. OSH is flying on a Goldman upgrade:
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Big Gold appears headed for a correction:
The Big Debt bull is still trundling along:
Big Spruik has gotten a lift from the frightful FXJ’s evil plans for Domainfax domination:
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Ethical funds should drop the stock.
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.