Blogotariat

President-elect Donald Trump said his swearing-in ceremony will be held inside the Capitol Rotunda due to expected freezing temperatures in Washington D.C. on January 20.

President-elect Donald Trump's inauguration ceremony is moving indoors to the Capitol Rotunda because of expected dangerous cold temperatures in the nation's capital, Washington D.C.

ASX-listed battery materials hopeful Novonix says it has raised well in excess of the $5 million target the company had originally hoped for.

RACV says its newly launched virtual power plant is one of the first to complete with traditional generators in wholesale energy markets – and it wants customers to join.

US President-elect Donald Trump has named movie icons Jon Voight, Mel Gibson, and Sylvester Stallone as his “special ambassadors” to Hollywood, a position apparently invented by the incoming president on Thursday.

”It is my honor to announce Jon Voight, Mel Gibson, and Sylvester Stallone, to be Special Ambassadors to a great but very troubled place, Hollywood, California,” Trump wrote on his Truth Social platform on Thursday.

The gas cartel breather is over. It’s back to gouging you to death with gas at $14.50Gj. Electricity prices are still up 150% year on year. AER prices are going to jump in 25/26. The pipelines south from QLD’S huge gas resources are still running near empty when they should be filling up much larger

The post Victoria should reserve all gas for itself appeared first on MacroBusiness.

The Market Ear on the Trump cross-currents for equities. The 10 year US 10 year putting in the biggest down candle in a while post the CPI numbers. First support at 4.6%, where the 21 day comes in. The 50 day is down at 4.43%. Source: Refinitiv Bond convexity CTA 1 month upside convexity is

The post Stocks caught in Trump crossfire appeared first on MacroBusiness.

ANZ has an interesting chart today. Without putting too fine a point on it, there is a correlation between population growth and job creation. This is pretty uncontroversial and part of the well-understood demographic dividend. When the inflows are accompanied by an exogenous boom, such as between 2003 and 2012, this makes perfect sense. The

The post More migrants equal more jobs but less money appeared first on MacroBusiness.

DXY is taking a well-earned breather. Australian dollar is threatening a bigger bounce. But the CNY concrete shoes will not come off. Oil is a worry. Copper is delusional again. Miners sagged. EM meh. Junk meh. Yields coming off. But stocks couldn’t follow through, except in Europe. Fed hawk Governer WAller was dovish. The inflation

The post Australian dollar dead cat fails to bounce appeared first on MacroBusiness.

The Grayzone’s Max Blumenthal has unleashed a torrent of criticism at US Secretary of State Antony Blinken over the Israeli war on Gaza that Washington did nothing to stop for 15 months.

Blinken appeared at the last State Department briefing of the Biden presidency, just days before President-elect Donald Trump is scheduled to be sworn in, to claim the past four years have seen successful diplomacy.

Despite the decades both major parties have spent ingratiating themselves with the leaders of the United States, Australia is unlikely to receive any favours from the Trump administration.

Last month’s Guardian’s Essential Poll said the Albanese government was doing a poor job “increasing wages and workers’ rights”. This decline in purchasing power, the flipside of the cost-of-living crisis, is a key reason why Labor is trailing the Coalition in the polls ahead of the upcoming federal election. Prime Minister Anthony Albanese was busy

The post Anthony Albanese drowns in wage lies appeared first on MacroBusiness.

Asian stock markets are somewhat mixed although local shares got a boost on a surprise uptick in the unemployment print that energised more RBA rate cut speculation. Meanwhile other FX volatility was centered around Yen that continues to firm against USD while the Australian dollar retraced back to the 62 cent level in what looks

The post Macro Afternoon appeared first on MacroBusiness.

New study finds modern solar shepherding businesses can pull incomes equivalent to doctors, senior engineers or even lawyers.