Oz Blog News Commentary

Articles from MacroBusiness

Australia’s housing crash broadens

January 30, 2023 - 00:04 -- Admin

The most interesting observation from this month’s house price declines is that the property correction appears to have finally spread beyond the big three capital cities of Sydney, Melbourne and Brisbane to Adelaide and Perth. As at 29 January 2023, dwelling values across Australia’s five major capital cities had fallen by 1%, with all major

Links 30 January 2023

January 30, 2023 - 00:01 -- Admin

Global Macro / Markets / Investing: The Global Economy on the Edge: Examining Housing Prices, Spending, and Unfair Share Buyback Practices – The Macrolist Making Farms Organic is Paying Off: What we have here is finance meeting farming and doing good, not evil. – NY Times The Myth of the Socially Conscious Corporation – New

Weekend Sundries, 28-29 January 2023

January 28, 2023 - 11:05 -- Admin

LeMon3   One of the more interesting items in my collection of old junk Near Potoroo Falls, just up the road from here Black Shouldered Kite in the front yard and video links   The Great Simplification   Daniel Schmachtenberger   Ermington Plumbing   The customer wanted to know why her kitchen timber flooring was

Weekend Links 28-29 January 2023

January 28, 2023 - 00:01 -- Admin

Global Macro / Markets / Investing: Amazon rainforest deteriorating too fast for species, climate to adapt – Business Insider Shell considers exiting UK, German, Dutch energy retail businesses – Reuters U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom – CNBC Chevron announces $75 billion stock buyback, dividend

Macro Afternoon

January 27, 2023 - 16:00 -- Admin

Asian stock markets are doing well in the final session of the trading week, extending the positive risk sentiment that is climbing again on Wall Street overnight. The latest US GDP figures and earnings reports are surprising to the upside with currency markets still in the main going against King Dollar.  Euro however has slipped

Stocks fight the bear

January 27, 2023 - 12:30 -- Admin

The Market Ear with the latest. NASDAQ – working on the break out Above the negative trend line, above the 12k level, but still below the 200 day moving average. The “tech as the main pain trade” logic continues to work very well and frustration is running high. Let’s see how far they “must” chase