Big Iron drops with China

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Dalian is struggling to stay up today:

But Big Iron is running for cover with FMG hit and RIO/BHP pushing further into double top patterns:

The Pensioner Killers are soft despite oil. Perhaps the wild behaviour of Do-nothing Malcolm is beginning to weigh:

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Big Gold is mixed depending on how strong is your DPRK tin foil helmet:

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Big Sleazy has rolled:

While Big Liar has no time for any housing correction (except MEA of course):

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There’s no sector I can cover not dripping with corruption!

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.