Chanticleer

Why the market’s favourite trades are blowing up

For most of the day it was just a nasty sell-off. But by the end of Monday’s brutal session on the ASX, it was clear something much worse was at play.

Aug 5, 2024 – 6.21pm

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For most of the day it was just a nasty sell-off, the sort of day that investors sometimes have to cop on the chin when global markets are in a risk-off mood.

But by the end of Monday’s brutal session on the ASX, it was clear something much nastier was at play.