For today’s post I am looking at how the Muslim vote changed, using some techniques I’ve previously used to look at voters of Chinese and Indian ancestry in past votes.
At this election we have seen a lot of speculation about Muslim voters switching from Labor, voting for Muslim independents, but also possibly for the Greens, with the war in Gaza being a major influence on that trend. We have seen Muslim groups cease to invite major party politicians to Islamic events that they would have previously attended regularly.
DXY held on last night. AUD the reverse. Still trending higher. Lead boots going nowhere. OIl and gold sank. Metals no byueno. Junk worried. Yild relief. Yield relief. Could not save stocks. It’s a day-by-day proposition right now, but I think TS Lombrd probably has the trend right. America is not about to lose its
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Risk markets were relatively sanguine overnight as the Trump regime’s new “Tax” Deal (aka blowing out the deficit forever) passed while the latest flash PMIs suggested a slight uptick in confidence in the US despite the tariff chaos in the last month. Wall Street was up at one stage but managed to give back almost
The post Macro Morning appeared first on MacroBusiness.
Canadian analyst Ben Rabidoux posted the below graphic on Twitter (X), asking whether Canada should place a country cap on its permanent residency intake: The graphic shows that India has dominated Canada’s permanent residency intake, with around 560,000 admissions between 2020 and 2024. Rabidoux added that Canada had more than 400,000 permanent and temporary arrivals
In June 2024, AMP chief economist Shane Oliver presented the following chart estimating that Australia’s housing shortage was about to exceed 200,000 homes: Oliver explained via Twitter (X) that “underlying demographic demand (driven by strong population growth) continues to run well ahead of new housing supply (constrained by capacity and cost issues, etc.), and is
Risk markets in Asia are mainly stepping back in response to the falls overnight on Wall Street but more so on the burgeoning bond troubles as the US fiscal position looks to go into permanent deficit decline with the imminent passing of the Trump regime’s “tax” aka wealth redistribution billr. In currency markets, the USD
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