The Market Ear on some worrying signals for the bubble. Mother of all trend lines Does this look bullish to you? Big rejection as we tested the 200 day and the huge trend line from below. 50 crossed the 100 day, marking the “light” death cross. NDX 19k is the must hold area. Source: Refinitiv
The Q4 Australian Bureau of Statistics (ABS) national accounts, released earlier this month, showed that the economy edged out of per capita recession after recording 0.1% growth over the quarter. This followed 21 months of consecutive declines in per capita GDP. The Melbourne Institute’s latest nowcast for Australia’s Q1 GDP growth, presented below by Justin
Before the pandemic, Australia had easily the highest concentration of international students in the world. The international student population has continued to surge post-pandemic, with enrolments hitting a record high of 1.095 million in December 2024. Enrolments at end-December 2024 were 143,000 higher than the 2019 pre-pandemic peak and more than triple (749,000) higher than
I hope the fake left still loves its ABC because it sure doesn’t love them. Jacob Greber is a graduate of the AFR businessomics school of journalism, and he lines up the single most biased piece of junk journalism on the gas debate that I can recall. Is Saul Kavonic, former strategic advisor at Woodside,
Good news was bad news for risk markets on Friday night as the April 2 deadline looms with Trump’s call with PM Carney presenting no change in the deadlock as the Canadians announce retaliatory tariffs. The latest US PCE print came in better than expected, but this wasn’t enough to pull USD back against Euro
CoreLogic’s daily dwellings value index shows that Australian home values across the five major capital cities rose for a second consecutive month, increasing by 0.4% in March. As illustrated above, all major capital city markets recorded rising values in March. Over the first quarter of 2025, values at the 5-city aggregate level rose by 0.5%,
Geoff Russ from Canada’s National Post penned a cautionary tale on how out-of-control immigration has degraded Canada’s economy and living standards. The immigration influx, which drove a record 1.2 million increase in Canada’s population in 2023-04, “rocked Canada”, according to Russ: Immigration-driven demand for housing and services vastly outstripped the supply of both, resulting in
DXY is down. AUD too. Lead boots going nowhere. Gold appears to be the new everything safe haven. Be careful if stocks turn margin call. Copper is delusional. Other metals fading fast. Big miners down. EM ouch. Junk stressy not enough. Yields fell. Stocks monstered. The AUD short is protecting the downside as the Bessent
The Australian housing market is losing momentum following the stimulus bounce after the Reserve Bank of Australia’s (RBA) 0.25% interest rate cut in February. The weekend’s auction market recorded a preliminary clearance rate of 66.1%, which, according to CoreLogic, was the lowest outcome since the week prior to the rate cut (65.0% over the week
Peter Dutton’s call for East Coast Australia to start reserving gas has drawn the usual vested interest shrieking in your mainstream media. Most of it is utterly incoherent, and all of it creates a look suggesting that socially progressive media outlets love waking up with multinational capital and gas alongside them in the bed. Welcome