ASX goes long the American psycho

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The Australian dollar is s till Happy Jack the Hangman this morning:

Bonds are selling as the psychopathic long takes hold:

Stocks too but they’re fading with US futures:

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Big Iron just loves a psycho:

Big Gas is a psycho so no surprises that it’s warmed up:

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Psychohedge, Big Gold, is still struggling:

Big Banks are excited at the idea of American slaughter too:

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Funding is still cut off:

Despite its pretensions, Big Realty is a junior serial killer compared to some:

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The stockmarket bath of blood is alas going to be replaced by real American blood.

If you think that that will sustainably lift markets then I suggest a chat with Clarice Starling is in order.

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.