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Your Democracy Friday, July 4, 2025 - 07:55 Source

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Your Democracy Friday, July 4, 2025 - 07:40 Source

The UK Secret Intelligence Service, commonly known as MI6, has played a central role in spreading false intelligence and engaging in provocative actions aimed at escalating global conflicts, British whistleblower and investigative journalist for The Grayzone, Kit Klarenberg, has told RT.

Speaking to host Rick Sanchez on Thursday, Klarenberg said MI6 was at the forefront of efforts to push the West deeper into the Ukraine conflict.

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Your Democracy Friday, July 4, 2025 - 06:18 Source

As yet another dangerous heatwave pushes temperatures well into the triple digits across much of Europe, climate defenders on Monday renewed calls for stronger action to combat the planetary emergency—including by ensuring that the impending European Climate Law ends fossil fuel use and eschews false solutions including international carbon offsetting. 

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New Politics Friday, July 4, 2025 - 03:42 Source

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MacroBusiness Thursday, July 3, 2025 - 16:00 Source

Stock markets were doing well in Asia until it seemed like a leak of tonight’s US unemployment print by Trump spitting his dummy calling for Fed Chair Powell’s resignation. This saw most equities pull back alongside S&P futures while the USD firmed against the undollars, with Yen easing off as speculation the BOJ may raise

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 15:47 Source

transmission towers

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Renew Economy Thursday, July 3, 2025 - 15:39 Source
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Renew Economy Thursday, July 3, 2025 - 15:35 Source
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Renew Economy Thursday, July 3, 2025 - 15:19 Source
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MacroBusiness Thursday, July 3, 2025 - 14:00 Source

The St Louis Fed recently did an interesting AI survey that suggested the benefits of AI are large in certain areas but far from uniform. For each generative AI user, we computed the percentage of working hours saved as the ratio of time saved in the previous week to hours worked in that same week.

The post Is AI a productivity disaster? appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 13:46 Source
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MacroBusiness Thursday, July 3, 2025 - 13:30 Source

Wokey has been trying to turn Australia into a Chinese satrap for a few years now. It is little more than jingoistic and self-serving ignorance as it bristles about losing Big Tech revenues, but it’s currently in tune with local Trump Derangement Syndrome, so it is more dangerous than usual. Wokey can barely contain itself

The post Australia plans to be “defenseless spastic of Asia” appeared first on MacroBusiness.

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The Tally Room Thursday, July 3, 2025 - 13:02 Source

The trend of a falling major party vote isn’t quite the same in Tasmania as it is on the mainland.

While the major parties maintained their dominance for longer in federal politics, and in most states, as far back as 1989 we saw the Greens poll 17% of the primary vote.

From 1989 until 2021, the total size of the major party vote didn’t shift by that much. While the Greens have occasionally polled higher than their 1989 result, it remains one of their higher results. And the votes for the two major parties have usually stayed within the same range.

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MacroBusiness Thursday, July 3, 2025 - 13:00 Source

Gone through 2026. The ABS. The seasonally adjusted balance on goods decreased $2,621m in May. Goods credits (exports) decreased $1,168m (2.7%) driven by Non-rural goods. Goods debits (imports) increased $1,453m (3.8%) driven by Capital goods. The year has been OK for exports because most of the bulk commodity falls have been in coal, which is largely

The post Australia’s trade suplus going, going… appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 12:30 Source

One of the narratives put forward for high levels of immigration into Australia is that migrants are required to build sorely needed homes. At face value it seems to make sense. After all, we have a housing deficit that AMP’s Shane Oliver puts at up to 300,000 homes (once household demographic factors are added in)

The post Immigration hinders not helps net home building appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 12:13 Source

If we imagine for a moment that pigs had little wings and made their home in the skies, and governments would do nothing to attempt to boost property prices even as they flatlined or grew at a level consistent with the CPI, we can credibly forecast a scenario in which housing would be on the

The post When could Aussie housing be affordable? appeared first on MacroBusiness.

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Your Democracy Thursday, July 3, 2025 - 12:10 Source

Those who enjoy fables are in luck. The nuclear associatives have always proclaimed that nuclear power means independence. Humor. France has just been expelled from Niger, and our impeccable lobby is forced to sell itself to Kazakhstan, at Putin's behest, to obtain its uranium. Putin, the master of the energy game.

 

French nuclear power in Putin's hands

 

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MacroBusiness Thursday, July 3, 2025 - 12:05 Source

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen looked through what worked in 2025, what didn’t and where we are opening 2026. View the presentation slides Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is

The post MB Fund Podcast: FY2025 In Review appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 12:05 Source

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look through what worked in 2025, what didn’t and where we are opening 2026. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus

The post MB Fund Podcast: FY2025 In Review appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 11:54 Source
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Renew Economy Thursday, July 3, 2025 - 11:44 Source
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MacroBusiness Thursday, July 3, 2025 - 11:30 Source

In the nation’s collective consciousness, there is the narrative that there is a city experiencing a nation-beating exodus, where outflows of its residents are on the road to being biblical in their scale. That city is Melbourne. In the years since the pandemic began, the perception of the bayside city has changed dramatically, from one

The post Aussies exodus explodes from one city appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 11:00 Source

As the cost of living crisis continues to bite for millions of Australian households across the country, the experience for other households could scarcely be more different. While stereotypes of irresponsible young people living off $15 coffees and smashed avocado on toast are legion on social media, the data from CommBank iQ presents a completely

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MacroBusiness Thursday, July 3, 2025 - 10:30 Source

This is going to be a great short. I’m looking to get set on either side of the coming round of July Politburo meetings. The Chinese economy is far worse than anybody is talking about. It’s not growing at 5%, or at all, quite possibly. Steel production is on track to be down by its

The post Iron ore zombie searches for brains appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 10:06 Source
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MacroBusiness Thursday, July 3, 2025 - 10:00 Source

The Market Ear with the charts. Buy the dip BTD has been very strong in 2025. As we have been outlining for weeks, this still has a lot of 2020 flavor to it. BofA LSEG Workspace Gross Grossing up… GS Short suckers Market is “sucking shorts” out of the market. This is a longer term

The post BTFD, again, and again appeared first on MacroBusiness.

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Your Democracy Thursday, July 3, 2025 - 09:58 Source

 

The exiled spiritual leader of Tibet has confirmed that he will have a successor when he dies, reassuring Buddhist followers around the globe that the 600-year-old institution of the Dalai Lama will continue.

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MacroBusiness Thursday, July 3, 2025 - 09:30 Source

DXY held its ground last night. So did AUD. Lead boots are marching on. Oil had a little pop going into OPEC. Another copper bubble is here. Big miners ripped within the monster bear. EM yawn. Junk yawn. The curve flattened on bad data. Stocks only go up. ADP was our before tomorrow’s BLS and

The post Australian dollar baulks at US recession appeared first on MacroBusiness.

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Cheeseburger Gothic Thursday, July 3, 2025 - 09:23 Source

I saw somebody post a warning yesterday about the trailer for Project Hail Mary, warning of a major spoiler. I think I know what it is, because I read the book. And be assured I’m not going to blow it here.

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MacroBusiness Thursday, July 3, 2025 - 09:00 Source

Last night saw the release of the latest US private jobs data which shocked with only a 33K increase over an expected 100K plus, which puts tonight’s NFP print into clear perspective and shows the employment market may not be as robust as Fed Chair Powell thinks. Wall Street ignored the print and focused on

The post Macro Morning appeared first on MacroBusiness.

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