The Market Ear kicks us off with stock seasonals. You heard it here first There is rightly right now a lot of focus on short-term negative seasonals and reasons for uncertainty. However, we are now only 10 days away from the fourth quarter and we know that the talk of year-end rally, Christmas melt-up and
The post Stocks and the September bear appeared first on MacroBusiness.
China reopens today. SGX firmed a little yesterday: Goldman’s Chinese ferrous supply chain tracking is about as weak as it gets. China’s 8M24 crude steel output was 691mnt, down 3.3% yoy. Daily output was at 2.63mnt in first ten-days in September, 10.3% lower yoy, and 2.6% lower MoM. Net exports of finished steel were 66.1mnt
The post Iron ore demand terrible appeared first on MacroBusiness.
Last month, The Guardian reported that cheating was widespread at Australia’s universities, driven by the surge in international students: The Guardian separately reported that academics working at our universities were precluded from failing poorly performing international students because it risked the sausage-factory business model: Like Groundhog Day, another report has emerged of systemic cheating by overseas
The latest US retail sales print kept risk markets poised overnight as the better than expected results dampened expectations of a larger cut from the Fed in its upcoming meeting tonight. Wall Street was basically unchanged as a result while the USD saw a slight bid across the complex as Euro almost fell back below
The post Macro Morning appeared first on MacroBusiness.
DXY is holding support: AUD has is near the top of a bullish ascending triangle: North Asia is bullish: Oil is working off the oversold condition: Whoever said commodities are priced for recession is wrong: Miners faded: EM yawn: Rampaging junk bull market: Treasuries same, same: Stocks stuck ATH: It’s the Fed tonight. I expect
In 2006, Australia and the Paris-based Financial Action Taskforce (FATF) agreed to introduce “Tranche 2” anti-money laundering (AML) legislation targeting non-financial assets (particularly property). Ever since, vested interests in the real estate, legal, and accounting professions opposed this AML legislation, resulting in the continuous postponement of its implementation. Stakeholder discussions in 2008, 2010, 2012, 2014,
Larry C. Johnson: Ukraine's Offensive Failing? Russia Makes Major Gains! - Israel in Grave Troubles
https://www.youtube.com/watch?v=hYaKGnVFXT8
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The ABC's director of news has warned that media needs to be "at the top of its collective game" to prevent a flood of misinformation, as he railed against media infighting that could erode "public perception of all news".
US Big Tech cannot stop RT from making its voice heard, the Russian news outlet proclaimed on Tuesday, following Meta’s decision to ban the network from its platforms.
IFM Investors chief economist Alex Joiner posted the following chart on Twitter (X) showing the explosion in residential construction costs as captured by the ABS Producer Price Index (PPI): Joiner also provided the below breakdown in costs by sub-component: A report published this week by The Australian noted the cost escalation across Australia’s states. Queensland
Oodgeroo a Seat to Watch for the Next 4–8 years By Callen Sorensen Karklis Almost a year ago I wrote an article about how bayside state areas like Oodgeroo and the federal seat of Bowman, which covers the Redlands City area and could flip towards 3rd options like the Teals or Greens. A lot can…
The post Bayside SEQ Seats to Watch in 2024 QLD State Election appeared first on The AIM Network.
As I write this, there is a Senate debate on one of the government’s housing schemes, of which there are several, all designed to increase the supply of housing at affordable levels across the country. This one is known as the ‘Help to Buy’ scheme designed to help those who want to enter the housing…