Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

As Australia goes ex-growth so does the ASX

David Llewellyn-Smith

Friday, 23 June 2017

Dalian continues its recent pattern of firming at night and sagging during the day today:

Big Iron is mixed:

Big Gas is still stinky:

Big Gold is up:

Big Bubble is reeling:

And Big Liar is as mendacious as usual as REA breaks out:

As Australia goes ex-growth so does it’s share market.

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.