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Commodity Speculators CRUSHED AGAIN

Summary

Australia in chaos.

Brazil in chaos.

Chinese Yuan heading back to 7 per Bucky.

US housing in a clear slowdown.

Fed will continue to raise interest rates and maintain a tightening bias.

Equities still poking around at all time record closing highs. Tesla lining up investment banks to talk through their going private. Model 3 sales look set for a massive increase as input costs plunge.

I would be very selective in the Utility Sector as always of course. Pacific Gas and Electric looks like a very strong buy.

Southern Companies is a clear loser and remains a sell.