Australian dollar lets go into 56s

David Llewellyn-Smith

Thursday 19 March 2020

Where it stops nobody knows:

Related, the bond bash runs on as foreign funds liquidate and pull the cash:

XJO is folding under the pressure:

No end to the rout. Dalian is soft but no worse:

Big Iron is hilariously booming:

Big Oil is hilariously busting:

Big Gold just can’t get moving:

Big Banks are an indistinguishable blood clot:

Big Realty has nothing but downside as realty goes no bid:

Pain but not enough!

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.