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MacroBusiness
Monday, January 13, 2025 - 11:30
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The ANZ is doved up. RBA to cut cash rate by 25bp in Feb and Aug 2025 We now expect the RBA to cut the cash rate by 25bp at its February meeting. The weaker-than-expected monthly CPI indicator for November has prompted us to downgrade our Q4 trimmed mean inflation forecast by 0.2ppt to 0.5%q/q, The post Major bank pivots to February rate cut appeared first on MacroBusiness. |
John Quiggin
Monday, January 13, 2025 - 11:12
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Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. |
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MacroBusiness
Monday, January 13, 2025 - 11:00
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This is not complex. Through a global lens, however, the struggles of Trudeau and his centre-left Liberal Party look far from a specifically Canadian phenomenon. Across the Western world, left-wing parties are struggling for relevance as the populist right surges in popularity. …Tom Switzer, executive director of the right-wing Centre for Independent Studies think tank, The post Albo should follow Trudeau into oblivion appeared first on MacroBusiness. |
xkcd.com
Monday, January 13, 2025 - 11:00
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Cheeseburger Gothic
Monday, January 13, 2025 - 10:47
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… and I am paying for it today. Feels like I smashed out an epic weightlifting session and ran a half marathon. Backwards. I always get this reaction to whatever Covid vaccine I have, except for the original AstraZeneca, so I planned a quiet one today. I’m going to read Elena Ferrante’s My Brilliant Friend and slow-cook some lamb shoulder on the Big Green Egg. By tomorrow I should be back to normal. |
MacroBusiness
Monday, January 13, 2025 - 10:30
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An outstanding note from Michael Hartnett at BofA beautifully captures 2025 dynamics. The Biggest Picture: Treasuries entering 6th year of 3rd Great Bond Bear Market of past 240 years (Chart2); global shift to populism, rising US government debt (set to hit $40tn on 6th Feb’26, exactly 400 days into Trump 2.0), inflationary central banks; recession The post Bond and stock shocks on deck appeared first on MacroBusiness. |
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MacroBusiness
Monday, January 13, 2025 - 10:00
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Cartel King should be sacked. The Australian Government will not activate the Australian Domestic Gas Security Mechanism (ADGSM) for the April to June 2025 quarter. The Minister for Resources’ decision was informed by the Australian Competition and Consumer Commission’s (ACCC) December 2024 interim gas inquiry report and additional information on the Western Australian gas market. The post Cartel King locks in winter gas shock appeared first on MacroBusiness. |
MacroBusiness
Monday, January 13, 2025 - 09:30
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Bloomberg loves a good old Chinese booster. China said it has sufficient fiscal firepower to respond to external challenges, vowing to better execute pro-growth measures ahead of Donald Trump’s return to the White House later this month. The country has “ample fiscal policy room and tools to deal with new domestic and external problems,” Vice Finance The post Chinese Titanic goes down appeared first on MacroBusiness. |
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Your Democracy
Monday, January 13, 2025 - 09:12
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The Year of the Snake begins on 29 January. Over the next couple of weeks, fortune tellers will flood the press with their views, each with as much weight and reliability as the mottos in fortune cookies.
Lunar New Year predictions for Xi and Trump By Jocelyn Chey
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MacroBusiness
Monday, January 13, 2025 - 09:00
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Wall Street reopened on Friday night but I’m sure most traders would have wanted a long weekend instead as the latest US non-farm payroll aka unemployment print came in stronger than expected, pushing USD higher against almost everything while stocks lost significant ground across both sides of the Atlantic. With no one willing to bet The post Macro Morning appeared first on MacroBusiness. |
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Your Democracy
Monday, January 13, 2025 - 06:48
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What do Panama, Canada and Greenland have in common? Could Donald Trump be getting the US back to brass tacks, to a core strategy of dominating the Western Hemisphere? Possibly, and he may be blowing away the fraudulent rhetoric about rules-based international order, territorial integrity, international law and the crusade to expand democracies.
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Your Democracy
Monday, January 13, 2025 - 06:17
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US President Joe Biden has attacked Meta to drop its controversial third-party fact-checking program, stating the move was “completely contrary to what America is about.” The president addressed the development on Friday during a rare Q&A session with reporters at the White House. He sharply criticized Mark Zuckerberg’s company, the parent of Facebook, Instagram, WhatsApp and Threads for the move. |
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Your Democracy
Monday, January 13, 2025 - 04:45
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Peter Dutton emerged from his summer break on Sunday to launch the Coalition’s unofficial election campaign. In a 38-minute pre-prepared speech to MPs and party loyalists at a campaign-style rally in Melbourne, the federal opposition leader framed the upcoming contest as a “sliding doors moment” for Australia. |
MacroBusiness
Monday, January 13, 2025 - 00:10
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The past few years have seen Australian households sink into a protracted recession. The Q3 national accounts, released last month, showed that real per capita GDP had declined for a record seven consecutive quarters. This decline in GDP has been driven by the household sector, which has experienced a record 8.4% fall in real per The post Aussie households ended 2024 in recession appeared first on MacroBusiness. |
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Your Democracy
Sunday, January 12, 2025 - 18:17
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A video of the Assistant Chief of Los Angeles Fire Department has emerged in which she talks about the importance of having firefighters who look like the people they’re rescuing and says that if she can’t carry a man out of a fire, it’s the man’s fault. Plus, conservative CNN contributor Scott Jennings absolutely eats up a debate on DEI. Let’s watch and react. |
Renew Economy
Sunday, January 12, 2025 - 15:23
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Your Democracy
Sunday, January 12, 2025 - 15:09
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THE BLOT REPORT
Sunday, January 12, 2025 - 11:55
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Sturmbannführer Helmut Kämpfe1 was a typographer by training and owned a printing business prior to entering the German Army in 1934, where he rose to the rank of lieutenant. After his service in the Army was over, he joined the Waffen-SS as an Untersturmführer on November 11, 1939, the anniversary of the Beer Hall Putsch. On January 30, 1940 he was promoted to Obersturmführer and in 1942 he was promoted to Hauptsturmführer (captain). He saw service on the Russian Front and was the commanding officer of the 3rd Battalion, 4th SS-Panzergrenadier Der Führer Regiment of the Das Reich Division. |
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Your Democracy
Sunday, January 12, 2025 - 07:30
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Trudeau, Biden and Ardern are done. What’s eating the global left? Australia may be an island, but it is not immune to the systemic forces sweeping across global politics. By Matthew Knott
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Your Democracy
Saturday, January 11, 2025 - 22:07
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Venezuelan President Nicolás Maduro and Spanish journalist Ignacio Ramonet, during the latter’s meeting with the President at the Miraflores Palace in Caracas. Ignacio Ramonet: Mr. President, first of all, allow me to wish you a Happy New Year. The President of the Bolivarian Republic of Venezuela, Nicolás Maduro: Thank you. |
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Your Democracy
Saturday, January 11, 2025 - 20:39
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https://www.youtube.com/watch?v=o7YE_6m2k6 On LA’s streets, it’s turning into the ‘Wild West’: Watters
Fox News host Jesse Watters discusses the destruction that Los Angeles residents are facing as the wildfires continue into a fourth day on “Jesse Watters Primetime.'
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Your Democracy
Saturday, January 11, 2025 - 19:23
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MacroBusiness
Saturday, January 11, 2025 - 14:27
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DoloresEsmeralda Bautista · MB Radio January 2025 Deep T Economy Policy Society Final A January 2025 Discussion with Deep T, which starts with a look at who is wearing the hit from a slowing and two speed economy and who is dining out on it. Takes a peek at the options the RBA The post MB Radio: A January 2025 Discussion with Deep T appeared first on MacroBusiness. |
Your Democracy
Saturday, January 11, 2025 - 08:02
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In December 2022, the Democratic-led House of Representatives voted to allow Puerto Ricans to decide the political future of the territory, the first time the chamber has committed to backing a binding process that could pave the way for Puerto Rico to become the nation’s 51st state or an independent country.
Puerto Rican Independence is Long OverdueBy Jeremy Kuzmarov
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Your Democracy
Saturday, January 11, 2025 - 07:36
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[Phantoms of a Beleaguered Republic: The Deep State and The Unitary Executive is a] powerful dissection of one of the fundamental problems in American governance today: the clash between presidents determined to redirect the nation through ever-tighter control of administration and an executive branch still organized to promote shared interests in steady hands, due deliberation, and expertise.
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MacroBusiness
Saturday, January 11, 2025 - 07:33
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DXY is going to challenge the 2022 high. EUR is headed to parity. AUD took out its 2022 low, is taking out its GFC low, and the COVID low is the next target. Oil took off on tightened Russian sanctions. Even more upside for DXY. Dirt popped on more Chinese yawnulus. Miners less so. Xi’s The post Australian dollar 50s dead ahead appeared first on MacroBusiness. |
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Your Democracy
Saturday, January 11, 2025 - 06:46
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Kiev’s Western backers have pledged to support Ukraine with $2 billion in additional military aid to help it fight Russia, Ukrainian leader Vladimir Zelensky has announced following a Ramstein group meeting in Germany. His remarks come amid concerns that this could be the last summit of its kind due to the imminent return of US President-elect Donald Trump, a critic of Ukraine aid, to the White House. |
Your Democracy
Saturday, January 11, 2025 - 06:25
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It seems like Western countries cannot draw lessons from their shameful past. Just as they appeased the Nazi and apartheid regimes, they are repeating their mistake by appeasing the Zionist regime in occupied Palestine while it’s waging a war of genocide against the Palestinian people.
Blinded by political donations: Appeasing a rogue state and its extremist lobby By Ali Kazak |
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MacroBusiness
Saturday, January 11, 2025 - 06:07
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International US labor market exits 2024 with strong job gains, drop in unemployment rate – Reuters BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts – Reuters UK debt market sell-off threatens to push up mortgage costs – Guardian US job market soars past expectations in last The post Weekend links and videos: 11-12 January 2025 appeared first on MacroBusiness. |
Your Democracy
Saturday, January 11, 2025 - 01:25
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“It never happened. Nothing ever happened. Even while it was happening it wasn’t happening. It didn’t matter. It was of no interest. The crimes of the United States have been systematic, constant, vicious, remorseless, but very few people have actually talked about them. |
