Australia is now the worst placed investment on the planet

Friday, 20 July 2018

If you haven’t already, watch Steve Bannon on Trump and China. It is very important that you do so:

Readers will know that although I disagree on many things with Steve Bannon, China is not one of them. But I’m going to put aside the debates about whether this is right or wrong today. What matters is that the Trump Administration appears more determined on a path to grand confrontation with China than I previously thought.

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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.