Portsea Beach inside Port Phillip AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 18 November 2024 appeared first on MacroBusiness.
The appointment of RFK jnr to the health portfolio in the Trump administration is sending ripples of joy through the conspiracy theory driven anti-vax crowd. The joy that autism will finally be eliminated because, as every one knows, vaccinations have led to the explosive rise of autism among children. There is nothing quite as powerful…
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The origins of the Great Jacquerie are not well known. It seems to have occurred following clashes between armed groups and peasants, in the gloomy context following the Great Plague of 1348. The Hundred Years' War resumed in earnest in 1358. King John was a prisoner of the English, and troops were pillaging villages.
The East Coast gas cartel is busy unleashing a new price shock as nobody watches. We are in off-peak season and these prices are far above where they should be, let alone rising instead of falling. As a result, NEM prices are 10% above last year and the price falls have called out on spot
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English Australia CEO Ian Aird claims that the federal government’s proposal to cap international student numbers will have an economic impact on more than just the education sector. Aird warns that it will also hit the small and medium-sized businesses that international students shop at daily. Analysis by The Demographer’s Workshop suggests that international students
Goldman with the bad news. Goldman now sees gross domestic product rising 1.8% next year, compared with 2% seen previously, reflecting the anticipated impact on exports from Australia’s biggest trading partner, according to its Australia and New Zealand 2025 Outlook, released Monday. President-elect Donald Trump has threatened to implement 60% tariffs on exports from China as he
The Market Ear wraps the Trump trade. SPX technicals SPX has so far reversed perfectly on that upper trend line. We are hitting the first supports as of writing, the 5900 area, give or take. This is where the 21 day comes in as well as being half the big post Trump candle. 50 day
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Last month, the Australian published the following chart showing that Victoria’s per capita gross and net debt were the highest in the nation. On Friday, the state government released its quarterly financial report for the three months ending 30 September, revealing that net debt had risen to $140.6 billion. This compares to the $133.2 billion
Farmers and communities to reap billions each year for hosting wind and solar projects, report finds
Liberal Opposition leader Peter Dutton needs to re-read the Liberal Party’s “Our Beliefs” manifesto, which explicitly states the following about personal freedoms: “We Believe: In the inalienable rights and freedoms of all peoples; and we work towards a lean government that minimises interference in our daily lives”… “In short, we simply believe in individual freedom