A red sea across Asian stock markets which have all failed to advance in the wake of the latest BOJ meeting and North Korean sabre rattling, while US stock futures are down despite some solid after hours earnings from tech stocks. Yen strengthened slightly, giving a headwind to Japanese equities while the USD remains tentatively
The post Macro Afternoon appeared first on MacroBusiness.
https://www.youtube.com/watch?v=HsunxzA4bqw
Donald Trump hilariously trolls Joe Biden after ‘garbage’ gaffe
Joe Biden shocked the world and possibly cost Kamala Harris the presidency with his brash comment labeling Trump supporters ‘garbage’ during a CNN interview.
Media Release Building approvals rose by 4.4 per cent in September and 6.3 per cent over the quarter, indicating a recovery in the home building market, according to new ABS figures. However, Master Builders Australia’s Chief Economist Shane Garrett said there’s still a long way to go to meet the Housing Accord’s goal of 1.2…
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You know that Australia has left the lunatics in charge of the asylum when its own National Anti-Corruption Commission (NACC) has been embroiled in corruption scandals. When the Royal Commission on the Robodebt Scheme issued its report, the commissioner in charge went to extraordinary lengths to recommend six people to the National Anti-Corruption Commission for
MB has been full of praise for the QLD’s ram raid on coal royalties several years ago. It was marvellously executed super profits tax perfectly timed to reap the benefits of the Ukraine War for the owners of the assets—Queenslanders. Now, BHP wants its royalty rort restored: The boss of BHP has criticised Queensland as
The post QLD must tell BHP to take a hike appeared first on MacroBusiness.
Australian media should be campaigning heavily to evict the Albanese government for three reasons. First, it is well known that of all the per capita recession sectors in Australia, media is suffering as much as anybody. Profits have been decimated. Headcounts are being cut. AI is rushing in. This is because the structure of the
The post Why media should campaign for Dutton appeared first on MacroBusiness.
ASIC recently decided to wind down bank hybrids over a number of years. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer Damien Klassen looks at why and what the options are for Australian investors in the income space. Can’t make it to the live series? Catch up on the content via Podcasts or our
Australia’s youth are saved! Why? Because an influential coalition of business, social, and youth leaders is supporting an Australian-first community-led policy forum that will draw on real-life experiences to break the political gridlock and offset widening divisions over changes to address the housing and rental crisis. Paul Bassat, co-founder of SEEK and venture capital fund
Australia’s Foreign Minister Penny Wong has finally acknowledged that Israel is in gross breach of international law, and must not ignore the United Nations, as it continues its ruthless military attacks on the people of Gaza, the West Bank and Lebanon.
The Australian Government must impose sanctions on Israel NOW By Margo Reynolds
The British cannot help themselves. They are a meddling island people who conquered huge swathes of the earth in a fictional fit of absentmindedness and remain haughty for having done so. They have fought more countries they can name, engaged in more wars they care to remember. They have overthrown elected rulers and sabotaged incipient…
The post Virtuous, Smug and Venal: British Electoral Interference in the US appeared first on The AIM Network.