Blogotariat

Risk sentiment is slowly lifting and stock volatility moving lower but all eyes must remain on global bond markets and the USD as the big shift is happening beyond the equity market headlines. The short covering rally on Wall Street could continue for a little longer but USD is still slowly losing its reserve currency

The post Macro Morning appeared first on MacroBusiness.

Coalition given worst score yet for climate and renewables policies, Labor scrapes a pass, Greens do best and some independents also score well.

Gas is the talk of the town, while nuclear is not, but a massive increase in solar power generation capacity has already put Australia on the fast track to a 100% renewable energy future. Solar cell engineer Andrew Blakers explains.

It’s a cast-iron relationship: the more unequal a society becomes, the better the far right does. Here’s why.

By George Monbiot, published in the Guardian  13th April 2025

The American Empire is still fighting to be top dog — especially under Trump, who has inherited a declining empire from the Democrats… Some “democrat”-inclined people are still saying that the economy under Biden was solid, but in fact “Bidenomics” were on the skids, due to the increasingly unmanageable HUGE deficit being used to “finance the cushions”… 

Joining too many dots, mainly Jewish….

BY GUS LEONISKY

Finally a relatively non-volatile trading session today although the newsflow remains weird with more Trumpian two-steps around tariffs on Chinese goods, while all eyes remain on the canary in the mine – the bond markets. The USD is still slowly weakening as it loses its reserve currency status with almost all the majors including gold

The post Macro Afternoon appeared first on MacroBusiness.

Fortescue inks fresh deal in support of emissions-free shipping, chartering an ammonia-powered vessel to transport iron ore from the Pilbara to China and the world.

An oft-repeated mantra from the Trump regime is that tariffs in Trump’s first term barely affected inflation. Which is true. But the inflation environment was very different. The latest inflation data was out at the end of last week, and while it may have beaten expectations, it is not the type of inflation numbers that

The post US Inflation: Big fall in travel-related services appeared first on MacroBusiness.

MOSCOW (Sputnik) On April 2, Trump signed an executive order introducing "reciprocal" tariffs on imports from other countries. The baseline rate was set at 10%, while dozens of countries were hit with higher rates. The duties on most countries were reversed to 10% days later to allow for trade negotiations, while those on China were hiked to 145%.

My favourite strategist is back. Macquarie strategist Viktor Shvets sees the potential for what he calls a “Lehman Brothers moment”. …Volatility indices and credit spreads are not at crisis point yet, Shvets says, but “it seems that short of abandoning current policies, the self-reinforcing loop of deleveraging – and there is no healthy deleveraging in

The post Schvets abandons the old world order appeared first on MacroBusiness.

Morgan Stanley with the note. Investors are laser-focused on Beijing’s stimulus, as the record US tariff hikes and little room for near-term de-escalation mean rising downside to growth. We don’t expect immediate new stimulus. Beijing is likely to prioritize front-loading of the pre-announced Rmb2trn NPC package in 2Q.A more plausible timing for a Rmb1-1.5trn supplementary

The post What China stimulus can we expect? appeared first on MacroBusiness.

Over the weekend, we saw both sides of politics ‘jump the shark’ on housing policy. The Albanese government effectively announced a state-sponsored subprime mortgage scheme by promising to allow all first home buyers to purchase a home with only a 5% deposit, with the government guaranteeing up to 15% of the loan value, thereby eliminating

The post Politicians blow world’s biggest house price bubble appeared first on MacroBusiness.