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Anne Stevenson-Yang: China closing up shop

November 23, 2022 - 14:00 -- Admin

Find attached the latest China presentation from Anne Stevenson-Yang. If you have any questions, you can attend a presentation with GLJ Research: China Macro Update Call w/ J. Capital’s Anne Stevenson-Yang Back to the Seventies: China’s new Political and Economic Reality  Speaker – Anne Stevenson-Yang from J. Capital Wednesday, November 30th @ 10:30AM EDT  Click here

Climate doom closes in

November 23, 2022 - 13:30 -- Admin

CSIRO and BoM with the report. This seventh biennial State of the Climate report draws on the latest national and international climate research, encompassing observations, analyses and future projections to describe year-to-year variability and longer-term changes in Australia’s climate. The report is a synthesis of the science informing our understanding of Australia’s climate. It includes

Victorian economy a giant “pyramid scheme”

November 23, 2022 - 13:00 -- Admin

Data from the Australian Bureau of Statistics shows that Victoria’s gross household disposable income per person was $52,488 in 2021-22, which is the second-lowest among the states and territories. Victoria’s gross household disposable income per person had been ranked fourth in 1999, and reached the third-highest in the early 2000s. Former federal Treasury economist Stephen

Bear market downside risks grow

November 23, 2022 - 12:30 -- Admin

The Market Ear with the latest internals.  Short covering has / had been extreme Covering has been extreme in the US, similar to August. JPM PI CTAs came to play CTAs purchased ~$146 Billion worth of equities over the last month and are now net long for the first time this year. Now what? Done

Labor the new masters of infrastructure pork

November 23, 2022 - 12:00 -- Admin

Earlier this week, The Age published an article featuring a range of infrastructure experts deriding the Andrews Government’s billion Suburban Rail Loop (SRL): The Loop’s costings have already blown out from the initial $50 billion to $125 billion, a figure the government disputes. Some believe it will end up costing even more: Michael Buxton, professor

China heads for COVID worst case scenario

November 23, 2022 - 11:00 -- Admin

Chinese COVID is off the leash: Lockdowns are spreading but they’re confused. Sinocism: Beijing recorded three Covid-related deaths, the first official deaths from Covid in the PRC in six months. Cases are surging in several cities including Beijing, Shijiazhuang, which has now locked down, Guangzhou and Chongqing. Vice Premier and Covid czar Sun Chunlan made

Aussie flash PMI sinks into recession

November 23, 2022 - 10:40 -- Admin

S&P with the note. Full report. Flash Australia PMI Composite Output Index at 47.7 (Oct: 49.8). 10-month low. Flash Australia Services PMI Activity Index at 47.2 (Oct: 49.3). 10-month low. Flash Australia Manufacturing Output Index at 50.5 (Oct: 52.7). 6-month low. Flash Australia Manufacturing PMI at 51.5 (Oct: 52.7). 29-month low. Australian private sector output