US consumer confidence dropped to decade lows (hard to do your shopping when ICE agents are dragging you out of your car) which was the real catalyst for another huge selloff in USD overnight as the DXY dollar index crashed to a four year low. Gold and silver surged to record highs again while Wall
Recently when the ABS released the latest housing finance data, it came with a headline unwelcome to anyone concerned about housing affordability: ‘Investment loans reach record high’ Now, if we were to wind the clock back 40 years to the mid-1980’s, the assessment of this headline would be entirely different. At that time, ABS housing
The American madman wants a lower currency, and he’s going to convulse until he gets it. AUD is off the hook. Way overbought, but this has legs. CNY and JPY support. Gold wavered. Metals too. Maybe frotnrun. Big mining heaven. EM rocket. Junk no bueno. Curve steepened. Stocks ATH. How far and fast can the
Australian housing valuations, in relation to household incomes, have never been more stretched: Cotality’s December chart pack valued the average Australian home at an astonishing $1,079,000, turning the average homeowning Australian into a housing millionaire. The Reserve Bank of Australia (RBA) is predicted by financial markets to hike the official cash rate (OCR) twice this
Tonight, I will be appearing on DFA Live with Martin North where we will discuss the Australian economy, housing market, the population ponzi, alongside other topics. The show goes live at 8pm AEST. We hope to see you there.
The post Join me tonight on DFA for live Q&A appeared first on MacroBusiness.
It’s green across Asian share markets as local stocks also joined in the fun despite a much higher Australian dollar as the USD remains under enormous pressure against all major undollars as El Trumpo shoots off about South Korea. Inflation concerns in Japan and their bond market troubles are keeping Yen volatile while the looming
The December NAB survey has wiped out rate cuts for the time being. Business conditions increased to +9. Business confidence increased slightly to +3. Employment remained stable at 4, which is roughly around the breakeven rate for unemployment. At 83.2%, capacity utilisation is still high. Sales, which increased by three points to a historically high
Cotality’s latest chart pack for December showed that Australia’s dwelling stock was valued at $12.3 trillion at the end of 2025, spread across 11.4 million homes. This meant that as of 31 December 2025, the average value of a home in Australia stood at an astonishing $1,079,000. Not surprisingly, then, Domain’s house price results for the
Fascism has been so misappropriated by the fake left that we should define it before we discuss it. Let’s turn to a source infinitely more accurate than journalists. ChatGPT. Fascism is a political ideology and system of government that centers on strong, centralized power, extreme nationalism, and the suppression of opposition and individual freedoms. In
Economists are debating the merits of interest rate hikes. Expectations of a higher quarterly inflation rate have driven a near 60% chance of an interest rate hike at the Reserve Bank’s meeting next week, keeping pressure on the Albanese government to address the rising cost of living from, most notably, higher electricity prices. …The results