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Big Gas burns

David Llewellyn-Smith

Thursday, 27 April 2017

Iron ore and coking coal are flat through the day:

Big Iron is down a bit:

Big Gas is burning with STO -7% and ORG -4%:

A little relief today for big gas users:

Big Gold is flying except NCM which reported being thumped by, you guessed it, Big Gas:

Big Debt is rising…because it’s rising:

Big Spruik is off a little. Good to see McGrathmageddon sinking towards its lows:

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.