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Your Democracy Thursday, August 21, 2025 - 10:40 Source

Last week, during a video posted on YouTube for the War Abolisher Awards, Roger Waters shared a new song titled "Sumud."

SUMUD

There is a word in Arabic

Sumud

It means

Steadfast

Perseverance

Particularly

In Resistance

To the occupation of your homeland

I just want that thing

When voices join in harmony

And in that fleeting moment

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MacroBusiness Thursday, August 21, 2025 - 10:30 Source

Below is a brilliant guest post from MB reader Erin Rolandsen, CEO of Angelassist: The quality of our lives is determined by the quality of the questions we ask. Today’s productivity summit will ask how to clear the backlog of 30,000 environmental approvals holding up construction. The result is embedded into the question—houses must rise,

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THE BLOT REPORT Thursday, August 21, 2025 - 10:17 Source

In 2009, NASA launched the Orbiting Carbon Observatory (OCO), a satellite designed to take precise measurements of carbon dioxide in the atmosphere to help guide the response to climate change. Unfortunately, the satellite did not make it into its planned orbit. So, in 2014, NASA launched the replacement OCO-2, which has been collecting a huge number of high-resolution measurements, which provides greater spatial distribution of carbon dioxide over the entire planet.

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MacroBusiness Thursday, August 21, 2025 - 10:00 Source

DXY is refusing to go away. AUD is going away. CNY not. I’m wary of gold here. Metals dead cat. Miners plain dead. EM rolling. Junk doesn’t care. Yields are falling in a growth scare. Stocks could catch that bug. At issue is a Fed that the market has gotten wrong. In their discussion of

The post Australian dollar pushed to brink by Fed growth scare appeared first on MacroBusiness.

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MacroBusiness Thursday, August 21, 2025 - 09:30 Source

The Market Ear on the sudden fear in tech. NASDAQ fear Too much sudden tech fear… Source: LSEG Workspace The NVDA puke NVDA took out the trend channel yesterday. 50 day comes in around $165 (day lows $168.8). RSI at mid April levels, when the bull started. Source: LSEG Workspace The PLTR puke RSI at

The post AI bubble bursting? appeared first on MacroBusiness.

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MacroBusiness Thursday, August 21, 2025 - 09:06 Source

Growth! S&P flash PMI. Flash Australia Composite PMI Output Index: 54.9 (Jul: Index, sa, >50 = growth m/m % qr/qr 53.8) Flash Australia Services PMI Business Activity Index: 55.1 (Jul: 54.1) Flash Australia Manufacturing PMI: 52.9 (Jul: 51.3) Flash Australia Manufacturing PMI Output Index: 53.9 (Jul: 52.3) Australia’s business activity growth accelerated midway through the

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MacroBusiness Thursday, August 21, 2025 - 09:00 Source

Overnight saw Wall Street stumble again, as big tech stocks couldn’t do the heavy lifting while European markets also pulled back slightly although the rising FTSE was an outsider. The release of the latest FOMC meeting minutes saw them highlight inflation and tariff risks with politics pushing in again as the Trump regime places pressure

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Thursday, August 21, 2025 - 08:00 Source

I have argued from the outset that this week’s productivity summit in Canberra will fail because it won’t address the two most important factors that are wrecking the nation’s productivity: excessive immigration and expensive energy. Australia’s immigration program is simply far too large, poorly targeted, and of low quality to deliver positive outcomes for productivity

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Your Democracy Thursday, August 21, 2025 - 07:46 Source

US President Donald Trump has declared that the world is no longer facing the prospect of the Ukraine conflict escalating into World War III.

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Your Democracy Thursday, August 21, 2025 - 06:55 Source

I think I am in a bad dream and soon I will wake and find Donald J. Trump didn’t happen.

I listen to hours of podcasts where pundits try to make sense of this creature. Like Atlas, he holds the world on his shoulders. Will he be doomed like the Titan God or smash us all before he is done?

 

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Your Democracy Thursday, August 21, 2025 - 06:44 Source

US President Donald Trump has called Benjamin Netanyahu “a war hero” as the Israeli prime minister faces a global backlash over the Gaza humanitarian crisis and the Jewish state’s continued military campaign in the Palestinian enclave.

In an interview with conservative commentator Mark Levin on Tuesday, Trump called Netanyahu “a good man”who he said is “there fighting.” 

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Your Democracy Thursday, August 21, 2025 - 05:34 Source

Putin's wins keep piling up as Trump's Alaska Summit reveals the extent of Ukraine's defeat at the hands of Russia says geopolitical analyst Pepe Escobar. This video breaks down the significance of the summit sending shockwaves across the world as the Ukraine war winds down.

Pepe Escobar: Putin’s Peace BOMBSHELL Breaks Trump, Ukraine’s Defeat Now Inevitable

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MacroBusiness Thursday, August 21, 2025 - 00:05 Source

RBA interest rates have so far delivered roughly $500 per month in relief to the average mortgage. This is great, but it is not going to move the consumer needle. Why? Two words for you. Gas cartel. The average household pays $3,000 in utility bills, and they are about to rise by about 40%. That’s

The post Why the Aussie consumer is still stuffed appeared first on MacroBusiness.

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