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Buy Straya as China stimulates!

David Llewellyn-Smith

Wednesday 28 June 2017

China is stimulating again so it’s time to buy Straya! Dalian is still up 6% on yesterday:

Big Iron is piling it on:

Big Gas too:

Big Gold hosed as bond yields jump:

Big Bubble bought:

Big Liar too. REA is launching as it goes into mortgage broking making it bubble central:

Shame China isn’t stimulating any more than it already was with its infrastructure roll out supporting slowly realty.

Expect growth to slow slowly.

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.