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MacroBusiness Monday, November 4, 2024 - 11:00 Source

Michael Hartnett at BofA has some ideas. Tale of the Tape: UK govt announces biggest fiscal loosening since 2009ex. Covid (Chart4)…UK gilt yields surge 25bps to YTD highs; bond vigilantes biding time in 2020s era of ongoing fiscal excess; price action says US risk assets need financial conditions to ease in Q4 for rally (risk

The post What are the White House trades? appeared first on MacroBusiness.

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xkcd.com Monday, November 4, 2024 - 11:00 Source

"One popular strategy is to enter an emotional spiral. Could that be the right approach? We contacted several researchers who are experts in emotional spirals to ask them, but none of them were in a state to speak with us."

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MacroBusiness Monday, November 4, 2024 - 10:30 Source

Politics is a wonderful thing. Why do something to save a planet when you can pay people to make a problem worse? Victorians who buy electric cooktops to replace gas models will be able to use their receipt to claim rebates of about $140 under changes to the state’s energy upgrades program that have taken

The post Victoria transitions cooktops to coal appeared first on MacroBusiness.

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Your Democracy Monday, November 4, 2024 - 10:09 Source

While so many in the world hold their breath for Harris or Trump it would also be wise to keep an eye on Germany. A sharp eye! A look at history books would also be advisable. For between Alps and Baltic, Rhine and Oder, the fearsome rhythm of marching boots is once again growing in volume.

 

Boots and Boosts: Berlin Bulletin No. 228, November 28, 2024

    By Victor Grossman

 

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John Quiggin Monday, November 4, 2024 - 10:04 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

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MacroBusiness Monday, November 4, 2024 - 10:00 Source

The latest iteration of the bullhawk has fallen: Warren Hogan abandoned his call for an increase in the Reserve Bank cash rate because inflation fell by more than he expected last quarter, leading the economist to conclude that Australia’s benchmark rate should stay on hold for another year. …“I think February is crazy,” Mr Hogan

The post RBA bullhawks face plant appeared first on MacroBusiness.

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MacroBusiness Monday, November 4, 2024 - 09:30 Source

SHFE sagged Friday: Mad Dalian too: The steel output bounce is over: Rebar is stuffed: Flat steel growth is over: We are entering the seasonal strong suit: But, if we do get a lift I would be looking at it as a chance to reload shorts. The FE supply chain is full: Stimmies are a

The post Iron ore stuck in the mud appeared first on MacroBusiness.

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MacroBusiness Monday, November 4, 2024 - 09:00 Source

Friday night’s US non-farm payrolls aka unemployment print was bad but good for stock markets as Wall Street rebounded while the latest election shenanigans were bad but good as well? This week will be dominated by the US elections, starting Tuesday amid another slew of earnings releases. The USD pushed back against the mid week

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Monday, November 4, 2024 - 08:00 Source

Australian capital city home values have risen for 18 months after recording a 0.2% increase in October, the smallest monthly gain since home prices started rising in February 2023. Momentum is slowing as sales volumes fall, advertised stock levels lift, auction clearance rates soften, and affordability constraints bite. The slowdown in momentum is being driven

The post Flood of listings ends house price boom appeared first on MacroBusiness.

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Your Democracy Monday, November 4, 2024 - 07:49 Source

Just 15 years ago, Chinese consumers were flocking to Western brands. Now they prefer Chinese ones.

The fate of the Starbucks Group is telling: Sales and profits in its current 7,300 stores in China are declining. The Chinese are not drinking less coffee, but prefer Chinese brands, partly because they offer more for less money.

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MacroBusiness Monday, November 4, 2024 - 07:00 Source

The Australian Bureau of Statistics (ABS) published its final monthly housing finance release on Friday, which will move to a quarterly series, with the next one due in February 2025. In September, the total value of housing lending fell by 0.3%, the first monthly fall since March 2024. The value of owner-occupier loans rose by

The post Average Aussie mortgage sizes smash records appeared first on MacroBusiness.

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Your Democracy Monday, November 4, 2024 - 06:44 Source

Yeltsin grinned while Clinton cried.

The Russian president had just blurted out his unfiltered reaction to American news reporting.

It was October, 1995. Clinton and Yeltsin had just spoken at the United Nations 50th anniversary meeting.

The next day the two presidents got together at Hyde Park, New York for a bilateral meeting followed by a press conference.

 

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The Australian Independent Media Network Monday, November 4, 2024 - 06:03 Source

Browsing through the new releases at a local bookshop I found a new book by Robert Fisk. I was most surprised since he died in 2020, so I leafed through it and yes, it is definitely a Robert Fisk book; Night of Power: The betrayal of the Middle East. It covers the Middle East and…

The post How many holocausts? appeared first on The AIM Network.

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Your Democracy Monday, November 4, 2024 - 05:23 Source

British King ‘making millions’ from secret property empire – The TimesThe royal family earned nearly $65 million last year alone, including rent received from the army, NHS and schools, a media investigation has found

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Your Democracy Monday, November 4, 2024 - 04:55 Source

Das Europaparlament attackiert eine UN-Resolution, die Chinas UN-Mitgliedschaft regelt. Ziel ist die Aufnahme Taiwans in UN-Organisationen. Damit attackiert das Europaparlament zugleich eine rote Linie Beijings.

masterminds against China

 

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MacroBusiness Monday, November 4, 2024 - 00:10 Source

The Australian economy is stuck in the longest per capita recession on record following six straight quarterly declines. The household sector, which has seen a sharp decline in per capita consumption, has driven the decline in per capita GDP. On Friday, the Australian Bureau of Statistics (ABS) released its monthly household spending indicator (MHSI), which

The post Australian households are trapped in recession appeared first on MacroBusiness.

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The Australian Independent Media Network Sunday, November 3, 2024 - 21:48 Source

By James Moore   My mother almost died from an abortion. There were already six children in our little 830 square foot house, and a seventh one was not acceptable to my father. Joyce, who I called Ma for all her days, had earlier decided to take control of her life away from, James, my violent…

The post How I Voted appeared first on The AIM Network.

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Renew Economy Sunday, November 3, 2024 - 21:37 Source
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The Australian Independent Media Network Sunday, November 3, 2024 - 19:20 Source

By Denis Hay Description Discover the kindness revolution: How Indigenous wisdom on kindness and connection can guide Australia toward a fairer, more compassionate society. Note: This article has been inspired by comments made and discussions with one of my Facebook members, Stephen Tardrew. Introduction: A New Path Beyond Blame Australia is at a crossroads. The…

The post Kindness Revolution: Indigenous Wisdom for Social Justice appeared first on The AIM Network.

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Your Democracy Sunday, November 3, 2024 - 18:43 Source

If you want to read an excellent example of schizophrenia, take time and read the NY Times piece published on Friday — As Russia Advances, U.S. Fears Ukraine Has Entered a Grim Phase. It is a mixture of truth and lies. The following passage is emblematic:

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Renew Economy Sunday, November 3, 2024 - 18:22 Source
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Renew Economy Sunday, November 3, 2024 - 18:03 Source
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Club Troppo Sunday, November 3, 2024 - 17:57 Source

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The Australian Independent Media Network Sunday, November 3, 2024 - 11:22 Source

The timing, as with so much in the ongoing wars in Gaza and Lebanon, was most appropriate. The Israeli Knesset had signalled its intent on crippling and banishing the sole agency of humanitarian worth for Palestinian welfare by passing laws criminalising its operations by 92 to 10 on October 28.   The attack on UNRWA…

The post South Africa’s Memorial to the ICJ: More Evidence on Israel’s Genocide appeared first on The AIM Network.

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Your Democracy Sunday, November 3, 2024 - 10:42 Source

IT IS NOT AN UNDERSTATEMENT TO SAY THAT KAMALA AND DONALD HAVE NO IDEA ABOUT THE WORLD WE LIVE IN AND ITS FUTURE... SO HERE IS A LIST OF ISSUES — SIMPLIFIED FOR THESE AMERICAN POLITICAL CIRCUS CLOWNS:

 

INTERNATIONAL ISSUES:

UKRAINE — SEND MORE WEAPONS AND START WW3?

ISRAEL — SEND MORE WEAPONS AND KILL MORE WOMEN AND CHILDREN?

BRICS — NEVER HEARD OF IT?....

GLOBAL WARMING? WHERE?

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Your Democracy Sunday, November 3, 2024 - 08:45 Source

Kemi Badenoch has been elected as the new leader of the UK’s Conservatives in a vote on Saturday, replacing Rishi Sunak and becoming the first black woman to lead a major British political party.

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MacroBusiness Sunday, November 3, 2024 - 08:37 Source

DXY firmed Friday night: AUD back to the lows: North Asia too: CFTC AUD is still long even as prices fall: Oil is buggered. Gold is blowing off: Dirt meh: Miners meh: EM meh: Junk is warning: Yields are loonytunes: Stocks were bid anyway: It was weather and strikes that affected the US jobs report

The post Australian dollar once more into the breach appeared first on MacroBusiness.

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Your Democracy Sunday, November 3, 2024 - 07:35 Source

The Five Eyes intelligence group is reportedly considering the creation of a top-secret cloud environment that would allow its members to more easily share data, the outlet Breaking Defense reported on Tuesday.

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Your Democracy Sunday, November 3, 2024 - 07:17 Source

https://www.youtube.com/watch?v=NLs3mkiyAh8

Scott Ritter: Israel Faces DEVASTATING DEFEAT to Iran, IDF Strike Cowardly Failure w/ Ray McGovern

 

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Your Democracy Sunday, November 3, 2024 - 05:56 Source

 

https://www.youtube.com/watch?v=DJ52llTuLPU

Gutfeld: This is why the Democrats are being ditched

 

'The Five' co-hosts react to Elon Musk's mother, Maye Musk, leaving the Democratic Party for the Republican Party.

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

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