ASX bath of blood flows into the streets

David Llewellyn-Smith

Friday, 13 March 2020

It is getting pretty damn impressive now. XJO has a 4-handle:

The sleeping RBA is still hitting bonds:

The Aussie dollar is off its worst:

Big Iron isn’t the worst:

Treasonous Big Gas is getting its commeupence:

Big Gold alas. Maybe nibble into this bust:

Big Banks whoa!

Big Realty thinks it’s immune. Lol:

Blood in the streets today!

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.