The Great Chinese Depression is in full swing. Property sales are catastrophic in the new year. The secondary market looks like a run for the exits. As prices fall relentlessly. Energy consumption is better but only due to the weather. China is at peak oil. Fiscal is booming. But building is going backwards. The boom
The ferrous jaws have to close. Sorry! Steel data is mixed. Mysteel demand is up, but only because CNY is three weeks later this year. MySteel production data is dead flat. But, again, arguably down YOY seasonally adjusted. WorldSteel ended the year with a whimper. World crude steel production for the 70 countries reporting to
No matter how hard you try. No matter how many facts you put in its way. The fake left will never acknowledge the terrible truth. It was they who abandoned class politics for culture wars and created the populist right in the process. It’s not rocket surgery, but central to fake left ideology is the
For as long as I can remember, the date of Australia Day has been a source of controversy, with ‘Invasion Day’ protests taking place year after year. But recent polling from Resolve suggests that public opinion has shifted significantly toward the date remaining on the 26th of January. According to Resolve, 68% of Australian voters
In 2024, the NSW Productivity and Equality Commission warned that high housing costs were causing a “brain drain” among 30- to 40-year-olds in Sydney. The NSW Productivity and Equality Commission estimated that Sydney lost around 35,000 persons aged 30 to 40 between 2016 and 2021. According to the most recent quarterly population figures from the
Gunnamatta.Molva · Deep T Australia Day 2026 final Ahead of the Australia Day long weekend Deep T spoke about Australian demand and interest rate dynamics, and the relationship of global events to domestic policymaking concerns. During the discussion he traverses some of the implications of actions by US President Trump, and the ways in
While December itself was weak, the 12 months ending on 31 December were a good year for international stocks. Being overweight internationally, with a healthy exposure to AI, our portfolios all outperformed their benchmarks. Our international fund finished up 20%, and our Australian fund finished up around 9%. Our tactical growth finished up around 11%.
International Reading: EU Freezes U.S. Trade Deal After Trump’s Unhinged Davos Speech – New Republic Majority of CEOs Alarmed as AI Delivers No Financial Returns – Futurism The U.S. debt now equals $229,000 per household—and a hefty tax hike looms as the most probable outcome – Fortune ‘This is sell America’ — U.S. dollar, Treasury
Asian share markets pivoted around inflation prints and other macro news as the chaos from Davos dies down although the TACO trade remains in play. The USD remains under pressure against almost all major undollars particularly antipodean with the Australian dollar pushing through resistance to head above the 68 cent level while bond market stress
The latest data from Stats NZ reveals that immigration into New Zealand remains historically low, with only 10,691 net migrants landing in the year to November 2025: This level of net overseas migration is well below the decade average of 49,000 and is a fraction of the circa 130,000 peak migration recorded in 2023. Arrivals