ASX and iron ore tremble

The Australian dollar is backing away from its charge 74 cents this morning:

Bonds are bidly:

XJO ripped out of the gate but has gotten the shakes since:

Part of the problem is sagging US futures thanks to lousy Amazon guidance but there is also this:

Big Iron is doing its best to ignore it:

Banks are also doing their best to ignore the army being deployed in Sydney:

It is my that both miners and banks will find that sticking your head in the sand is not an investment strategy in due course.

Houses and Holes
Latest posts by Houses and Holes (see all)