Ukrainian President Volodomyr Zelenskyy discusses the third year of Russia’s invasion and President Donald Trump’s efforts to end the war on ‘Hannity.’
https://www.youtube.com/watch?v=-OVoVDZw4zg
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2022... VANITY FAIR....
According to PropTrack, national median advertised rents have surged by 47% since December 2019. This explosive growth has pushed rental affordability to a record low, with 33% of median household income spent on the national median rent at the end of 2024. The good news is that Australian rental inflation is finally easing, with PropTrack’s
NVIDIA took a tumble this week as DeepSeek fears overran the market. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen have a look at DeepSeek, the messages and the investment outcomes from its emergence as an option in the AI market. Can’t make it to the live series? Catch up
Anyone who hoped that a Coalition government under Peter Dutton would seriously cut immigration needs to confront reality. While the Coalition’s pre-election statement on immigration states that it would cut the permanent migrant intake by 25% to 140,000 for two years, the Coalition has not set a target for temporary migration. This comes despite the
Goldman’s Andrew Boak has been far ahead of the pack on the RBA. Australia’s headline CPI rose 0.22%qoq in 4Q2024, with year-ended inflation easing 38bps to 2.42%yoy. The outcome was below market expectations (GSe: +0.4%qoq, +2.6%yoy; BBG: +0.3%qoq, +2.5%yoy) and the RBA’s standing forecast (Nov SMP: 2.6%yoy). Growth in the RBA’s preferred trimmed-mean measure also
The Market EAr with mwhahaha… Fighting with the 200 day NVDA is trading right on the 200 day moving average as of writing. Massive moves, especially if you consider the changes in market cap. This is not how strong leaders behave… Refinitiv Can SPX “dismiss” NVDA? Is this the most important gap out there? Refinitiv
The post AI smoked appeared first on MacroBusiness.
Even though I rarely use El Goog for search anymore because they’ve pretty much fucked it to the max, I do use it as a news reader. The mobile app defaults to a feed of stuff you’re interested in, and the feed is pretty good because, of course, they’ve been stalking us all across the internet forever.
So, this morning, over my breakfast coffee, I opened the app and…
Opposition leader Peter Dutton has promised to take moderate action to curb housing demand in a bid to make homes more affordable for Australians. Dutton has already pledged to reduce the permanent migrant intake by 25% to 140,000 for the Coalition’s first two years. Peter Dutton has also promised a two-year ban on foreign investors
President Donald Trump’s improbable honeymoon with the media may have coincidentally ended on the same day that White House press secretary Karoline Leavitt gave her first briefing.
The Chinese property slowdown is back, led by lower-tier cities. Inventory has eased. This yawnulus does not look much different to previous. Sentimane perhaps can’t get much worse. But maybe sales can. More yawnulus please.
The post Chinese property sales slooooow appeared first on MacroBusiness.
Wednesday’s Q4 CPI release from the Australian Bureau of Statistics (ABS) has increased pressure on the Reserve Bank of Australia (RBA) to cut the official cash rate. The headline CPI rose by 0.2% in Q4 2024 and the annual rate fell to 2.4% (i.e., around the middle of the RBA’s target band). The policy-relevant trimmed
The post Pressure builds on RBA to cut rates appeared first on MacroBusiness.
The latest FOMC meeting has come and gone with only a slight change in language as the US Fed negotiates the new “American Psycho Part 2” volatility. Bond yields jumped a little on the short end of the curve but were largely unchanged while the USD lifted across the board but gave up some of
The post Macro Morning appeared first on MacroBusiness.
DXY is back. AUD is buggered again. But auld lead boots got Deepsuckered. The oil pop was specs. Dirt dead cat. Mining meh. EM meh. Junk thinks it can. Bear flattener! Stocks no likee. The Fed has pivoted again. Federal Reserve Chair Jerome Powell said officials are not in a rush to lower interest rates,
The post Australian dollar shredded as Fed hawks fly appeared first on MacroBusiness.
The mystery independent contender for Peter Dutton’s seat of Dickson (Qld) is solved with the announcement Climate 200-backed environmental consultant Ellie Smith to contest the seat. Andrew Gardiner reports.She is not a “Teal,” Smith insists, but a “Maroon” independent.
‘Maroon independent’ to take on Dutton in Dickson unveiled by Andrew Gardiner