That seems to be the depth of reasoning overtaking the share market today as banks soar. After all, nothing says buy banks more than a crashing global yield curve and an even more rapidly deteriorating local economy. Booya!
Go figure.
Meanwhile, Dalian is OK so far:
Though Big Iron is not so good following overnight falls:
Advertisement
Big Gas is also struggling:
As is Big Gold as the USD tries to find a bottom:
Advertisement
Big Liar still looks peaky:
Excuse me while a buy a bank (NOT)!
Advertisement