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Banana Man is back and he’s buying!

David Llewellyn-Smith

Thursday 29 June 2017

I thought he’d been whipped but how wrong I was. Banana Man is back and he’s buying Dalian:

He doesn’t need a reason when he has himself. Big Iron is booming:

How far it can get I have no idea. It is has no underpinning to guide us.

Big Gas is flying too on the oil short squeeze:

Big Gold is stable:

Big bubble has gone nuts as the yield curve finally steepens a little:

Big Liar is not happy as Citi slams the sector with its rollover note:

Bananas!

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.