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.