AUD is still copping it this morning but refusing to break to new lows:
Bonds are bid:
As XJO dips into a bath of blood:
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Big Iron is hammered:
Big Gas a bit less:
Big Gold is mixed but solid in the circumstances:
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Big Banks are clinging to previous lows:
Big Realty is free falling below them:
And the Big Tech bubble is busting:
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The outlook for XJO is poor. It is expensive still and has lousy profits growth that is caught in a declining trend:
But hey, you gunna buy realty?
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