The AUD has softened a bit this morning:
Bonds are still deludedas the curve mysteriously steepens:
XJO is plastered. It has a long way to fall before uptrend support:
Iron ore bashed:
Big Iron bashed. FMG has broken its head and shoulders top:
Big Gas in free fall:
Big Gold is going from disappointing to disastrous:
Though not so much as the Big Banks. WBC is at new two year lows:
Bye, bye Big Realty:
Blood everywhere and all we have doine is blow a few months froth off the top. Discounting COVID-19 is next.
David Llewellyn-Smith is Chief Strategist at the MB Fund which is very conservatively positioned for coronavirus risks.