Market mayhem ends the ASX’s era of effortless momentum
The seeds of this blow-off stretch back beyond Donald Trump. It’s Commonwealth Bank at $160, Pro Medicus soaring to the moon and momentum crushing markets.
Mayhem Monday is a day investors will remember for years.
The way investors had the weekend to stew on it.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
