ASX hammered

David Llewellyn-Smith

Tuesday, 13 November 2018

AUD is under pressure still:

Bonds are bid:

As XJO gets flushed:

Big Iron is hit:

Big Gas too:

Big Gold is fading away:

Big Bank’s dead cat is on the way down again:

Big Property is ugly. Great to see Domain leading the way down:

Duck.

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.