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Oz Blog News Commentary
MacroBusiness Friday, January 24, 2025 - 11:30 Source

The latest polling from Resolve Political Monitor shows that Australians continue to dump the Albanese government over cost of living concerns and the perception that life is getting harder. According to Resolve’s polling, half of voters expect inflation to get worse in the near future and 46% expect their real wages to fall this year.

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MacroBusiness Friday, January 24, 2025 - 11:00 Source

David Einhorn of Greenlight. We have reached the ‘Fartcoin’ stage of the market cycle. For those unfamiliar, Fartcoin is a cryptocurrency created late last year that appreciated from a nominal value to over a billion dollars. Like other cryptocurrencies, it is tradable 24 hours a day, 7 days a week. Other than trading and speculation,

The post Fartcoin fills the room appeared first on MacroBusiness.

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xkcd.com Friday, January 24, 2025 - 11:00 Source

Unfortunately, body size and bite force continue to increase.

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MacroBusiness Friday, January 24, 2025 - 10:30 Source

The Market Ear with the latest equity internals.  Stuck SPX has traded inside the same range since September last year. We still lack a new trend, but people still get bearish at range lows, as well as they tend to get bullish at range highs. You are not early chasing this squeeze. Chart shows the

The post Bulls overheat appeared first on MacroBusiness.

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MacroBusiness Friday, January 24, 2025 - 10:00 Source

Goldman with the note. We invited Mr. Xin Zeng Meng (Senior Researcher at China Index Holdings Limited) to discuss recent observations on the China property market and his views on the policy outlook. YTD market performance and N-T outlook: Mr. Meng remains broadly constructive on a stable market outlook in 1Q25, given YTD market still

The post Chinese property sinks on appeared first on MacroBusiness.

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MacroBusiness Friday, January 24, 2025 - 09:30 Source

DXY held on. AUD firmed. CNY did not. Oil fell on Trump comments. Metals followed. Miners edged up. Who needs EM when there’s Fartcoin? Junk is really stuck. Yields lifted. Stocks too. The AUD counter-trend move continues as the market toys with less severe tariff outcomes. Citi has more. We recently flipped from bullish to

The post Australian dollar rides tariff relief appeared first on MacroBusiness.

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MacroBusiness Friday, January 24, 2025 - 09:17 Source

The Aussie flash PMI is pancaked. Flash Australia PMI Composite Output Index(1): 50.3 (Dec:50.2). 5-month high. Flash Australia Services PMI Business Activity Index(2):50.4 (Dec: 50.8). 6-month low. Flash Australia Manufacturing Output Index(3): 50.0 (Dec:45.8). 26-month high. Flash Australia Manufacturing PMI(4): 49.8 (Dec: 47.8). 12-month high. Data were collected 09-22 January 2025. Business activity in Australia’s

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MacroBusiness Friday, January 24, 2025 - 09:00 Source

Wall Street advanced once more this time the broader S&P500 officially made a new high with tech stocks pulling back as European bourses also performed well. The USD is failing to get out of its weak short term cycle against the major currency pairs with Euro lifting back above the 1.04 handle while Yen has

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Friday, January 24, 2025 - 07:37 Source

 

Russia intervened militarily in Ukraine to denazify the country. But, according to Westerners, there are no Nazis in Ukraine. Russia wants to invade and annex this country. This mutual incomprehension caused the Russian special operation to degenerate into open war.

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Your Democracy Friday, January 24, 2025 - 06:49 Source

The play Don’s Party premiered on August 11 1971 at Carlton’s Pram Factory, home to the radical theatre ensemble, the Australian Performing Arts Group. 

Established four years earlier in 1967, the group would nurture some of the most passionate Australian voices of a generation, including Max Gillies, John Romeril, Kerry Walker, Geoffrey Milne and Jenny Kemp. 

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Your Democracy Friday, January 24, 2025 - 06:19 Source

Sam Jacobs is Editor in Chief at TIME where he leads TIME’s global newsroom and its journalism across all platforms. Since joining TIME in 2013, Jacobs has held a variety of senior editorial leadership positions. Previously, he was national political correspondent at Reuters, associate editor at Newsweek and staff reporter for The Daily Beast. His writing has appeared in the Boston Globe and New York Observer.

 

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MacroBusiness Friday, January 24, 2025 - 00:10 Source

I noted on Thursday how Australia’s rate of dwelling construction has fallen way behind the Albanese government’s target of building 1.2 million homes over five years. Only 177,700 homes completed construction in the year ended Q3 2024, 62,300 below the required annual run rate of 240,000 homes. The slump in construction comes at the same

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Your Democracy Thursday, January 23, 2025 - 21:04 Source

EU commissioner hopes Ukraine conflict continuesBy arming Kiev, NATO member states may have granted themselves valuable time to “grow stronger,” Andrius Kubilius has stated...

As the fighting continues in Ukraine, NATO states may be gaining additional time to prepare for a potential military confrontation with Russia, Andrius Kubilius, EU commissioner for defense and space, has said.

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