Harry Truman, the 33rd president of the United States, once quipped: ‘Polls are like sleeping pills – designed to lull the voters into sleeping on election day’. And the truth of Truman’s thesis has been confirmed once again by the recently concluded US presidential campaign – the outcome of which contradicted the pollsters.
Donald Trump is back.
Last week, the Australian Housing and Research Institute (AHURI) released a survey showing that while 78% of renters want to purchase a home, 59% do not believe that it is possible. The study also showed that the proportion of people renting in the private market increased the most for 20-39-year-olds, followed by 40-59-year-olds between 2011
6:00 – Polls have just closed in the South Australian state seat of Black for the by-election triggered by the resignation of former Liberal leader David Speirs. I will be tracking the results here tonight, but while we wait for results you can check out my by-election guide.
I meant to run this with yesterday’s Boob column but forgot.
DXY fell! But nobody noticed. The long-term chart of AUD is a giant descending triangle to hell. This is the market judgement of your leaders. North Asia held up. Gold and oil did not. Oil is everything here. If it crashes through the lows, it will contain the US long-end and restore the rally. If
The post Australian dollar 50s here we come appeared first on MacroBusiness.
The climate crisis is much more severe than most people and politicians realise. Most information, education and media reporting around climate change (global heating) focuses on reducing our annual emissions to a target based on a ‘trajectory of progressive reduction’, and eventually ‘net’ zero annual emissions by 2050 or some other date.
US President-elect Donald Trump has promised that his team will work hard to resolve the Ukraine conflict to prevent further bloodshed.
Trump made the remarks at the America First Policy Institute gala at his Mar-a-Lago residence in Palm Beach, Florida on Thursday. “We’re going to work in the Middle East, and we’re going to work very hard on Russia and Ukraine.”
ANZ and Westpac are debating why the RBA has no idea what it is doing. The former says that the RBA is wrong on the neutral rate of inflation being around 4.5%. Wages growth has slowed across awards, enterprise bargaining agreements and individual arrangements, pointing to a broad-based slowdown. Indeed, if we consider lags between
The post Woke RBA is killing the economy appeared first on MacroBusiness.
ANZ and Westpac are debating why the RBA has no idea what it is doing. The former says that the RBA is wrong on the neutral rate of inflation being around 4.5%. Wages growth has slowed across awards, enterprise bargaining agreements and individual arrangements, pointing to a broad-based slowdown. Indeed, if we consider lags between
The post Blind RBA is killing the economy appeared first on MacroBusiness.
International Reads: Lindt admits its chocolate isn’t actually ‘expertly crafted with the finest ingredients’ in lawsuit over lead levels in dark chocolate – Fortune Satire publication The Onion buys Alex Jones’ Infowars at auction with help from Sandy Hook families – AP News Elon Musk says he and Trump have ‘mandate to delete’ regulations. Ethics
Controversy has erupted in France over plans for a lavish VIP gala in Paris sponsored by Israel is Forever, an association of staunchly pro-Zionist groups.
At €260 a head, the evening celebrating “the power and history of Israel” – the location of which has not yet been disclosed – has already drawn vocal opposition from French human rights groups, unions and leftist politicians.
North Korean leader Kim Jong-un oversaw a field trial of domestically produced kamikaze drones this week, state media reported on Friday.