Blogotariat

Part II: Al-Aqsa Flood, or People’s War in the New Era

Mao Zedong says: the enemy advances, we retreat; the enemy camps, we harass; the enemy tires, we attack; the enemy retreats, we pursue. His theorizing on guerrilla warfare can be described as the flea war.

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With many Australian investors under-invested in international shares, this is a reminder of why and how you can get international exposure. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist, David Llewellyn-Smith, run through the top reasons to own international shares at this point in the cycle.

Asian share markets are putting in very mixed sessions as the trading week continues with currency markets absorbing the slightly stronger than expected US inflation print from overnight. Wall Street is looking to open slightly higher despite the mixed mood with the USD finding some lost ground but Euro and Pound Sterling are firming heading

The post Macro Afternoon appeared first on MacroBusiness.

The biggest single energy consumer in Australia, the Tomago smelter, is about to launch a massive tender for wind and solar. It says nuclear is too expensive.

Media Release   Join Craig Foster, refugee communities and dignitaries for the Sydney leg of the Big Walk 4 Refugees – a 2.5km walk from the Maritime Museum to Fleet Park – this Sunday 17 March. In the first four weeks of the virtual walk, hundreds of people in all states and territories have powered through 40,000 kilometres to show support…

The post Join Craig Foster for Sydney Big Walk 4 Refugees this Sunday appeared first on The AIM Network.

In an interview with Sky News’ Sharri Markson on Tuesday night, I spoke about the rental crisis, immigration, and the cost of living crisis. Below are key highlights. Sharri Markson: The latest AFR fresh freshwater strategy poll says that 72% of Australians say they want the Labor government to make it their most important issue

The post Soaring rents a key driver of cost of living crisis appeared first on MacroBusiness.

Woodside this week cited market uncertainty over the climate science as a reason to delay its green investments.

I reported on Tuesday how Australia’s baby boomers are growing their financial war chest, lifting their savings by 6.5% last calendar year, despite spending more than other cohorts: At the other end of the spectrum, younger Australians are outright cutting their spending while they watch their savings shrink. The baby boomers’ good financial fortune reflects

The post Baby boomers splash cash on Australian property appeared first on MacroBusiness.

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I noted last week how Australian mortgage borrowers have been hit especially hard by rising interest rates, recording one of the largest rises in average mortgage rates in the world:   Bank for International Settlements data to the September quarter of 2023 also showed that principal and interest debt repayments as a share of household

The post Lenders tighten screws on mortgage borrowers appeared first on MacroBusiness.

French President Emmanuel Macron’s talk about maybe sending troops to aid Kiev may have been spurred by three assessments produced by the French military that painted a dire picture of the Ukraine conflict, according to the magazine Marianne.

Justin Trudeau has delivered a nightmare economy for Canadians. Last year, Canada’s population grew by more than 1.2 million people, driven almost entirely by net overseas migration: This population surge has resulted in a severe housing shortage throughout Canada: Housing starts have fallen way behind population increase: As a result, Canada’s rental vacancy rate has

The post Canada’s Aussie economy turns disaster zone appeared first on MacroBusiness.