It’s all fun and games into the news void today as the Australian dollar flies:
Bonds are bidly:
Driving XJO wild with delight:
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Big Iron is flat:
Big Gas is charging:
And Big Gold:
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Big Banks have driven most of the two-day news void rally but have gone nowhere in reality:
Big Chunt has no listings but it has drooling buyers:
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XJO forward PE is now at a nosebleed 19x without any earnings support:
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Priced to infinity, all things are possible.