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.
Wednesday’s Q3 Consumer Price Index (CPI) results from the Australian Bureau of Statistics (ABS) revealed that housing construction costs are out of control in Perth. As illustrated in the following chart from CBA, new dwelling purchase costs in the CPI increased by 19.1% in the year to September in Perth, compared with just 2.7% annual
Earlier this year, CBA published the following chart showing the extraordinary correlation between the ratio of population change to unit completions and asking rents: In a nutshell, when population growth exceeds apartment construction, rental inflation rises, and visa versa. As we know, Australia’s population growth whiplashed over the past four years. Population growth crashed over
The process of vote-counting for the Victorian council elections started last Saturday, and while a lot of votes have been counted, absolutely none of them have been officially published for the public on the VEC’s website.
SHFE is hanging in: Dalian too: But there’s not much the cheer about. Property is up but well…meh… Rebar demand ain’t up. Better luck with infrastructure: Consumption sure ain’t a party: Doesn’t look like any stimmy “bazooka” I’ve ever seen.
The post Iron ore fades as stimmies disappoint again appeared first on MacroBusiness.
Way back on May 21, 2022 when the Albenese government was elected, an energy shock erupted owing to Ukraine War profiteering by the East Coast gas cartel. By May 30, I wrote a long piece noting that the government faced a choice. It could tackle the East Coast gas cartel head-on and become a multi-term
The 2024 BRICS summit between October 22nd and 24th will go down in human history among the most significant events after the Enlightenment; when humans arose from their self-imposed tutelage. The BRICS summit represented the world’s majority emerging from Western-imposed dictatorship disguised as guidance. It is the first summit with global representation that occurred outside the ambit of the Western minority.
Westpac economist Pat Bustamante has released a detailed report on the 2023-24 annual national accounts, which showed that the economy grew by 1.4% over the year. Bustamante notes that with public demand transitioning to a new record share of the economy, measured productivity growth will necessarily remain soft. Westpac shows that productivity growth in the
Tech stocks dragged Wall Street back from exuberance overnight as traders position themselves for the end of month volatility and then tomorrow night’s US non-farm payrolls employment print. The latest US GDP print came in slightly lower than expected, and combined with election volatility gave the USD some pause as it fell back against Euro
The post Macro Morning appeared first on MacroBusiness.
As you can see we’ve adopted a new WordPress theme. Many thanks to our web guru Tony Sarhanis. What do you think? I really like it, although I have one reservation.You can’t scroll down the main posts column until the cursor gets to the bottom of the comments column. I suspect that’s a deliberate feature rather than a bug, because it forces the eye to look at the comments first.
Ukrainian leader Vladimir Zelensky expressed frustration on Wednesday with the fact that classified details of his ‘victory plan’ in the conflict with Russia were leaked to the Western press.
US election live: Harris vows to 'represent all Americans' after Biden 'garbage' comment as Trump rallies in North Carolina
Kamala Harris and Donald Trump are continuing their campaign trails in the lead up to the election.
The Trump campaign is holding rallies in North Carolina and Wisconsin.