ASX bath of blood sprays all

The AUD is marking time around new lows this morning:

Bonds are in vogue again:

The ASX is close to making things interesting for a deeper correction:

Big Iron is soft:

Big Gas buggered:

Big Gold still correcting:

Big Banks are trending inexorably down:

As Big Not Debt goes bust:

Still think there’s more blood-letting head. We’ve hardly dented this thing.

David Llewellyn-Smith
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