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Dalian is mixed today:

BHP has announced that Mt Whaleback will not impact output. Big Iron is generally up:

Big Gas too though STO is still sinking:

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Big Gold is bearing up:

Big Debt is riding the dead cat:

Big Liar is OK too though McGrathmaggeddon has hit another new low:

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Good to see. Avagoodweekend.

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.