Australian banks Australian Shares Commodities Gold Iron ore price

Sleaze Bank plunges on

David Llewellyn-Smith

Wednesday, 30 August 2017

The ASX is flat flat today, sitting right at the bottom of a scary descending triagle:

Dalian is down again:

Big Iron is mixed. BHP approaching break out:

Big Gas and the pensioner gouge roar on:

Big Gold too:

The Big Sleaze can’t stop falling.

Perhaps Narev has to go?

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.