How’s that “bondcano” treatin’ ya?

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Let it go, Hasan, from Credit Suisse:

Markets are set to enter ‘risk-off mode’ in the near-term with the level of political uncertainty in the US continuing to rise.

The combination of lower bond yields and a more opaque policy outlook will be positive for the defensive/growth companies which dominate the Aussie Market Darlings.

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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.