Why did Harris lose? Fareed's take: Democrats blew it by making three big mistakes—not taking immigration concerns seriously enough, rallying around prosecutions of Trump, and elevating identity politics
REID: “The former and future president is moving quickly to fill the clown car and round out his cabinet before he changes his mind and fires them all. Moments ago, Trump announced that he has selected Fox weekend morning show host — you can’t make this up — Pete Hegseth to serve as secretary of defense, because why not?”
AND WHY NOT?
DXY and EUR both put in big candles overnight as the Trump trade got unruly. AUD fell again. The uptrend is gone. North Asia is a powder keg but the PBoC is now trying to slow CNY. Gold is oversold. Oil remains vulnerable. Copper also put in a candle. Miners are out. EM is out.
The post Australian dollar dead cat bounce appeared first on MacroBusiness.
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
“It’s hard to do cartoons without efficiencies…”
Gus Leonisky
The June quarter national accounts showed that Australia’s labour productivity (GDP per hour worked) fell to 2016 levels, driven by the non-market sector. Australia has also experienced the most significant decline in GDP per hour worked since Q1 2018 out of advanced English-speaking nations and Europe. Australia’s productivity decline followed an astronomical rise in non-market
By Nicholas Beelzebub Lucifer I was a bit disappointed not to be invited to Cop 29, the 2024 United Nations Climate Change Conference. But cheered up by the fact that anybody who’s really anybody is boycotting this fossil fuel financial talkfest anyway – Chinese President Xi Jinping, US President Joe Biden and Indian Prime Minister…
The post Cop 30 Climate Summit probable change of venue – CorporateHub, Hades appeared first on The AIM Network.
I was reading some polemic from Bettina Arndt recently about women taking over the legal profession, especially in the Family Law sphere, so I thought I would the check the facts. This is my modus operandi. Read polar views on an issue (I also consult Ourwatch and White Ribbon) but then check the facts to see who deceive and lie (which these days go under the Orwellian names of “mis” and “dis” information).
Rock wall and Eucalypt, Shelford AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Easy Listening
The post Macro Afternoon: 14 November 2024 appeared first on MacroBusiness.
GOP strategist Susi Wiles, who was tapped by President-elect Donald Trump for the position of White House chief of staff, came under criticism on X for being "a Big Pharma lobbyist" promoting Bill Gates’ Gavi, Gilead, and Pfizer, to name just a few. For MAGA Republicans, who largely opposed mandatory COVID vaccinations, it's a serious matter.
RMIT University Media Release COP29, the UN’s yearly Climate Change Conference, is currently underway in Baku, Azerbaijan, with climate finance and carbon markets high on the agenda. Although the reputation of COP is on the line, especially after the minimal outcomes from the last conference in Dubai, RMIT expert Professor Bruce Wilson argues that any…
Middle East updates: Blinken calls for end to Gaza warOutgoing US Secretary of State Antony Blinken has said Israel achieved its aims and must now allow Palestinians to return to Gaza.
Meanwhile, Hezbollah has launched drone attacks on Tel Aviv.
EU top diplomat suggests suspending political dialogue with Israel — reports