As DXY keeps falling, the fakeflation is driving commodities and the AUD wild:
Even yields raised an eyebrow:
XJO still has a bullish chart:
Big Iron to the moon:
Big Gas meh:
Big Gold to the moon:
Big Banks meh:
Buy dirt, dump debt!
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.
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.
Latest posts by David Llewellyn-Smith (see all)
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dear stock gods, when will cyclical stocks join in the fun to re-enforce the ‘recovery’?
This aren’t a recovery
its a “where f ked” bull run
re “where fked” type stocks.
Fakeflation?
Inflation?
Deflation?
Stagflation?