Australian banks Australian LNG Australian Shares Commodities Gold Iron ore price

As global stocks soar, ASX crumbles

David Llewellyn-Smith

Tuesday, 20 June 2017

Dalian is wandering aimlessly today:

Big Iron is mostly up:

Big Gas is burning:

Big Gold is correcting:

Big Bubble has had its run seemingly:

Big Liar is soldiering on:

And a bonus chart today, hope your enjoying Australian exceptionalism:

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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.