Advertisement
The Market Ear kicks us off.
They are shooting at the generals
They are coming for the two kings, and they might not miss. AAPL down a lot (sub 100 day moving) after news of China state iPhone usage bans, and LVMH down another 10% last week & now 20% off Q2 highs (well below the 200 day).
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement