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The Market Ear with the latest crazy tech bubble action.
TLT has now declined ~9% in the last month…
This is the biggest 1m decline since late 2022 and represents a sub-1st %ile move since 2002 (other comparable selloffs include: July ’03, January ’09, May ’09, February ’21, April ’22, September ‘22).
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About the author
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.
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