"Market Bites" brings together commentary, links to news and articles, which we think our clients will find of interest. We worry about China before Greece. We stand by recent macro thematic trades we have discussed for some time - 1) Interest rates in AUS moving lower 2) Be short the A$ - finally moving lower at US$0.745. Should eventually see a move in to the 60c range. 3) Don't own iron ore stocks. Too early. 4) Look at alternate investment managers for international and low correlation to equity markets. Millennium Intl was up +1.2% in June as an example (S&P500 -2.10% and ASX All Ords -5.61%). Have a quick read (VIEW LINK)