Australian dollar, ASX to the moon!

David Llewellyn-Smith

Tuesday 24 March 2020

Australian dollar to the moon:

XJO to the moon:

Bonds still bid:

Dalian has not bounced as much as I thought on South African shutdowns:

Big Iron is up a bit:

Big Oil more:

Big Gold wants to have another go:

Big Banks to the moon:

Same for Big Maggot:

Just another dead cat bounce, this time on the US stimulus package.

Let’s see what happens when thousands of Americans begin to die in the next week or two.

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.