The Australian dollar is still flopping around this morning:
XJO to the moon:
Big Iron still firm:
Big Gas is running as oil jumps with value:
Big Gold is still getting hosed. Not helped by a virus case at Lihir:
Big Banks are the Icarus of value:
Big Tech is going to go bust if this continues:
But will it? Yes, later next year. But between then and now there is a wildly out of control virus in the US that is going to demolish two-quarters of earnings without appropriate fiscal support.
And the Treasury curve is steepening? Good luck with that!