Trump tax delays trigger sell-off

David Llewellyn-Smith

Friday 10 November 2017

I’ve missed this update all week owing to flu. Some interesting stuff is going on. Last night, DXY fell sharply:

AUD was stable anyway against DMs :

But not as weak as EMs:

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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.