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
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