Hertz bubble pops

Thursday, 11 June 2020

Well, that didn’t take long.

Just as the undead equities rose from the grave to haunt portfolio managers, market strategists and journalists over the past few days, so they now must return to the earth. After all no one, not even our most venerated religious figures, can escape the after life.

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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.