ALL OVER THE WORLD, THERE ARE BRIGADES OF PSEUDO-SCIENTISTS (POLITICO-ECONOMIC BS ARTISTS) ANTI-SCIENCES THAT EMPLOY THEMSELVES (OR POSSIBLY ON BEHALF OF THE FOSSIL FUEL INDUSTRIES) TO DEBUNK ANY SCIENTIFIC RESEARCH WITH DISTORTED INFORMATION....
SUCH IS THIS FELLOW ABOUT GLOBAL WARMING, PATRICE GIBERTIE... DOING A SHIT JOB LIKE THE HEARTLAND INSTITUTE....
Premier Jacinta Allan’s disastrous decision to sign the contracts to build the first phase of the Suburban Rail Loop (SRL) continues to punish Victorians. Allan signed the contracts against expert advice, locking Victoria into a project with little economic or social merit that will plunge the state deeper into debt, cut its credit rating, and
It’s all a bit “pennis in front of the steamroller” for me right now but I will buy the next dip. Goldman’s Scott Rubner has been very good lately. The pain trade for equities is higher into mid-September after the green light was given on Friday to re-lever. Everyone is going back to the pool. US
The post Stocks volatility to persist appeared first on MacroBusiness.
Goodbye BHP dividend: BHP shareholders will take a 14 per cent dividend cut in a fresh sign the acquisitive miner is reserving a greater proportion of earnings for growth bets. Investors will receive a US74¢ ($1.09) final dividend after BHP posted a slightly better than expected $US13.7 billion underlying profit on Tuesday. When added to
Qingdao iron ore was up 1.3% to 93.06 yesterday. SHFE and SGX rallied: As did Dalian, however, there is still no profitability for steel mills. Nothing has improved for the ferrous complex. A wider commodity rally on the back of an easing Fed and falling DXY is helping. But this crisis is much larger than
The post Iron ore rally defeats itself appeared first on MacroBusiness.
Overnight saw a retracement of Friday night’s ebullient and anti-USD moves with the latest US durable goods order print putting in a mixed result. Wall Street was up initially but stumbled on tech earnings while European shares were largely unchanged. The USD has seen a rebound which is more like a reversion to mean with
The post Macro Morning appeared first on MacroBusiness.
ActionAid Media Release Nuku’alofa, TONGA – At least US$1 trillion is needed to support low-income countries bearing the brunt of the climate crisis, according to a new report – Seizing the Moment: A New Climate Finance Goal That Delivers for the Pacific. The report’s release by a coalition of NGOs coincides with the attendance of…
The post NGOs urge Australia to back $1 trillion climate finance goal appeared first on The AIM Network.
Deloitte’s latest employment forecasts report says that Australia’s economy “is at a critical juncture” following two years of rate hikes from the RBA. Deloitte noted that the economy is “stagnating and growing at its slowest rate (outside of the pandemic) since the early 1990s recession”, which is “finally bleeding through to the labour market”. Most
DXY firmed last night: AUD softened: North Asia too: The warmongers of the European fringe lifted oil: Metals mostly eased: Miners up: EM down: Junk has cooled its jets: Yields firmed: Stocks eased: BofA sums my views pretty well: AUD: rates tailwind… We continue to see the AUD gradually higher over the next few quarters
It began as a devastating, confined storm off the coast of Sicily, striking the luxury yacht Bayesian in the form of a devastating water column resembling a tornado. Probability was inherent in the name (Thomas Bayes, mathematician and nonconformist theologian of the 18th century, had been the first to use probability inductively) and improbability the…
The post Mike Lynch, Probability and the Cyber Industrial Complex appeared first on The AIM Network.
Donald or Kamala, the AMERICAN EMPIRE domestic agenda is fuelled by two premises: EXTERNAL FOREVER WARS (even by proxy) and a HUGE non-serviceable DEFICIT. I say "non-serviceable" because the only way AMERICA can pay back the interest on the GOVERNMENT "borrowings" is by printing more DEFICIT cash.
Australia’s governments have conducted various housing affordability inquiries over the years, including but not limited to: Menzies Research Centre: Prime Ministerial Taskforce on Home Ownership 2003; The Productivity Commission’s First Home Ownership Report in 2004; A Good House is Hard to Find Report from the Senate Select Committee on Housing Affordability in Australia in 2008;