Blogotariat

DXY eased: AUD popped: North Asia sagged: Oil and gold traded places: Metals meh: Miners are dead cat bouncing: EM warmed up: Junk is bullish: Curve steepened: Stocks only go up: The Fed is going to cut regardless of recent jitters. The forecast “dots” got less dovish but Chair Powell was clear: Powell calls the

The post Australian dollar launches as Fed fuels rocket appeared first on MacroBusiness.

When Albo went to India in early 2923 and signed a bunch of shockingly bad agreements with Narendra Modi about labour mobility, we warned it was a catastrophic mistake. Amazingly, Albo equalised all Indian qualifications with their Aussie equivalents. Even though everybody knows that most of the Indian education system is an immense scam. You

The post Albo’s Indian army invades appeared first on MacroBusiness.

Recently, the countries of the Global South have been actively expanding their ties, finding new areas of cooperation, creating their own integration associations. In general, they are trying in every possible way to restore justice, to become full-fledged members of the world community, as it is now accepted to say, “independent poles of power”.

BY Bakhtiar URUSOV

Bernard Keane is all there is read at the woked-up Crikey. Rarely do I read stuff that I was planning to write myself but BK did  it yesterday: The dearth of talent in the current Coalition line-up is alarming, and a testament to both the toxic effect of Scott Morrison and the damage he caused

The post Invisible man, Angus Taylor, has to go appeared first on MacroBusiness.

You could run a country successfully by doing the opposite of whatever Chanticleer advises: The heartbreaking battle facing first home buyers is getting harder, according to asurvey of home ownership intentions from Westpac. Compared to 2021, first home buyers expect it will take six months longer to raise a deposit that is almost $4000 smaller

The post RBA must slash rates to skyrocket house prices appeared first on MacroBusiness.

A "non-network" solution - likely big batteries - has been chosen over new transmission lines, and will turn Kalgoorlie into a massive micro grid to avoid blackouts.

In perhaps the least surprising news of the year, Vladimir Putin has triumphed at the Russian ballot box and been enthroned for the fifth time as president. He will serve for six more years.

Having done everything possible to oppose action to mitigate climate change and replace fossil fuels with renewable energy sources, the federal opposition has suddenly decided to embrace the most illconceived and inappropriate solution for us (‘‘Why nuclear power doesn’t add up’’, March 19). Nuclear energy produces the most expensive energy compared with renewables; ...

read more

Energy market reform feels like early Tarantino, there are so many lustrous projectiles in flight.

Whether wind farms affect house prices is a live issue for anti wind farm campaigners in Australia, but new research out of the US shows it's nothing to worry about.

The federal Coalition insists the lights will go out in transition to wind and solar. AEMO has now released a video explaining why they won't, following CSIRO's defence of science.

In her press conference on Tuesday, after the Reserve Bank of Australia (RBA) decided on interest rates, Governor Michele Bullock admitted that Australia’s record immigration has helped lift inflation by ensuring that aggregate demand has expanded faster than supply: A question from the audience: We’ve had four quarters of slowing GDP growth. So, if GDP

The post RBA admits immigration is driving inflation appeared first on MacroBusiness.