If you want a clear signal that all is not well Downunder then the stock market is it. The ASX200 is down again today as it decouples completely from the US bull market:

Versus the US hilarity ensues:

Big Iron is down today:
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Big Gas is down today:

Too early to buy Big Gold:

Big Sleazy is getting hammered:
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Big Liar is going nowhere:

It’s a screaming indictment of local prospects.