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MacroBusiness
Friday, October 4, 2024 - 09:30
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China’s number one media fanboy has dug up a obscure economist to keep the party going. Bloomberg: Jia Kang, a former head of a research institute affiliated with the Ministry of Finance, said authorities could lift confidence by drastically raising government investment in public projects. He spoke in an interview with Chinese publication The Paper The post China stimulus billions or trillions? appeared first on MacroBusiness. |
MacroBusiness
Friday, October 4, 2024 - 09:00
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Risk markets are still reacting in the main to the expanding war in the Middle East, with oil prices spiking on potential Iranian attacks while the USD firmed due to a better than expected ISM services print. Wall Street put in another scratch session while European shares lost their shaky confidence and sold off across The post Macro Morning appeared first on MacroBusiness. |
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Renew Economy
Friday, October 4, 2024 - 07:55
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MacroBusiness
Friday, October 4, 2024 - 07:24
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DXY is up and away: Smashing the runaway AUD back down: North Asia too: Oil surged: Metals rolled: Miners too And EM: Junk is fine Yields lifted: Stocks eased: A doddering Joe Biden suggested Israel might bomb Iranian oil fields and here we are. Strong oil is always strong DXY these days. I don’t think The post Australian dollar blown up by exploding oil appeared first on MacroBusiness. |
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MacroBusiness
Friday, October 4, 2024 - 07:00
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Canada’s economy is a basket case. The biggest migration surge in history has left Canadians with the worst rental crisis in living memory: Canada’s productivity growth is also deplorable, driven to a large extent by “capital shallowing” as the rate of population growth has outrun business and infrastructure investment: As a result, Canada’s per capita The post Canada’s collapsing economy a warning for Australia appeared first on MacroBusiness. |
Your Democracy
Friday, October 4, 2024 - 06:55
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I am writing this because no one at the ABC — whose producers invited me onto their coronation coverage as a guest — has uttered one word of public support. Not one ABC executive has publicly refuted the lies written or spoken about me. I don’t hold any individual responsible; this is an institutional failure. |
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The Tally Room
Friday, October 4, 2024 - 06:30
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Ben is joined by Dennis Atkins to preview the upcoming Queensland state election. |
Your Democracy
Friday, October 4, 2024 - 06:12
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At The 79th session of the UN General Assembly (UNGA-79) US President Joe Biden revealed that he entered into the US and global politics in a period of great crises, and proceeded to show that more crises have developed under US global leadership. Biden’s call to rally the world behind the US leadership is either deceitful or a case of insanity; doing the same thing and expecting different results.
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Your Democracy
Friday, October 4, 2024 - 05:17
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UN Secretary General Antonio Guterres has denounced the Iranian missile attack on Israel, after West Jerusalem slammed him for failing to do so and publicly declared him persona non grata. Iran’s Islamic Revolutionary Guard Corps (IRGC) launched a barrage of rockets at Israel on Tuesday, calling it a response to the recent Israeli killings of the heads of Hamas and Hezbollah. |
Your Democracy
Friday, October 4, 2024 - 04:50
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The ?reconstitution? of Moscow's forces during the Ukraine conflict has surprised Washington, Deputy Secretary of State Kurt Campbell has said Washington is highly concerned about the rapid "reconstitution" of the Russian military and partly attributes this to Moscow's "formidable" ties with China, US Deputy Secretary of State Kurt Campbell has said. |
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MacroBusiness
Friday, October 4, 2024 - 00:05
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The Albanese government has indicated that it will review the Unit Pricing Code of Conduct, and potentially expand its coverage to include more retailers. It is common for manufacturers of packaged food and groceries to downsize their products while keeping the prices unchanged or even increasing them. The government has been targeting supermarket pricing ahead The post Albanese targets the wrong ‘shrinkflation’ appeared first on MacroBusiness. |
Your Democracy
Thursday, October 3, 2024 - 18:05
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The Azov Batallion’s* first commander Andriy Biletsky once claimed the “historic mission” of Ukraine is “to lead the White Races of the world in a final crusade… against the Semite-led Untermenschen [subhumans].” |
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MacroBusiness
Thursday, October 3, 2024 - 17:00
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Japanese stocks continued their rebound on more dovish talk around rate cuts from the BOJ while mainland Chinese stocks remain closed for the week as Hong Kong reopened with a relatively slight fall. The USD remained somewhat strong from its safe haven surge as the Australian dollar tries but fails to get back above the The post Macro Afternoon appeared first on MacroBusiness. |
New Politics
Thursday, October 3, 2024 - 15:52
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Renew Economy
Thursday, October 3, 2024 - 14:32
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MacroBusiness
Thursday, October 3, 2024 - 13:30
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This is amusing from Australia’s most treasonous minister: Resources Minister Madeleine King has warned gas producers they risk damaging their social licence and playing into the hands of the Greens if they fail to provide stable supply and affordable prices to consumers. The comments came after new data on Wednesday pointed to major gas shortfalls The post I’m voting Greens on gas appeared first on MacroBusiness. |
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The Australian Independent Media Network
Thursday, October 3, 2024 - 13:11
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By Denis Bright Clutching their Little Blue Book of Motherhood Statements in Those Right Priorities for Queensland’s Future, the state LNP candidates are all hoping for a landslide victory. The Murdoch press and its television outlets would love a return to the Joh era. Where David Crisafulli does offer a pragmatic policy, it should… The post Queensland Futures: A LNP Landslide on 26 October 2024? appeared first on The AIM Network. |
MacroBusiness
Thursday, October 3, 2024 - 13:00
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The Market Ear on oil positioning. Oil and the channel Oil has so far put in a double bottom, but note black gold remains trading inside the negative trend channel. We are closing in on the first resistance levels here, the upper part of the channel and the 50 day. $76 is a big level The post Will oil spoil the reflation party? appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 3, 2024 - 13:00
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The latest Housing Assistance report from the Australian Institute of Health and Welfare (AIHW) showed that “there has been a decline in the proportion of social housing households in Australia, falling from 4.7% of all households in 2013 to 4.1% in 2023”: AIHW notes that there were around 446,000 social housing dwellings in Australia, a The post Australia faces deepening social housing crisis appeared first on MacroBusiness. |
Renew Economy
Thursday, October 3, 2024 - 12:30
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Renew Economy
Thursday, October 3, 2024 - 12:28
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MacroBusiness
Thursday, October 3, 2024 - 12:05
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The latest stimulus announcement from China looks a lot like the last six or seven announcements. But the iron ore reaction was dramatic. Is this China’s “whatever it takes” moment? Or just another in a long list of announcements with little follow through? Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer The post MB Fund Podcast: China: Is This Stimulus Real? appeared first on MacroBusiness. |
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MacroBusiness
Thursday, October 3, 2024 - 12:00
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The Albanese government is reportedly preparing to reintroduce its stalled Help to Buy shared equity housing bill into parliament next week in a bid to increase pressure on the Greens. The Help to Buy scheme would help first home buyers with limited savings to enter the property market. The government would own up to 40% The post Labor moves to socialise housing bubble appeared first on MacroBusiness. |
The Australian Independent Media Network
Thursday, October 3, 2024 - 11:45
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Bushfires are one of Australia’s greatest challenges and are becoming more frequent and severe due to climate change. Hazard reduction burns are used to reduce the likelihood and severity of bushfires, but the task of identifying suitable windows of opportunity for prescribed burns is an increasing challenge for fire management agencies due to shifting seasonality… The post Sensor trial hopes to empower managers to monitor bushfire risk appeared first on The AIM Network. |
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MacroBusiness
Thursday, October 3, 2024 - 11:30
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Last year, The Australia Institute released research claiming that the corporate sector was responsible for over two-thirds of Australia’s inflation above the Reserve Bank of Australia’s (RBA) target. OECD research released last year also showed that unit profits made up a greater share of price increases than unit labour costs during the pandemic. Past research |
Renew Economy
Thursday, October 3, 2024 - 11:15
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MacroBusiness
Thursday, October 3, 2024 - 11:00
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The Market Ear with the latest on positioning. Computers are sellers CTAs in SPX are basically in sell or sell mode. Biggest risk is the downside over the 1 month where CTAs are sellers of $144bn ($50bn in the US). GS Sleepy bid The biggest bid is fading quickly….and will be dormant for a few The post Next up: Santa rally appeared first on MacroBusiness. |
MacroBusiness
Thursday, October 3, 2024 - 10:30
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Australia is rich in coal, gas, and sunlight. Low-cost energy used to be a competitive advantage for the nation. However, through pure incompetence and “net zero” pig-headedness, our policymakers turn energy into a cost-of-living nightmare and competitive disadvantage for the nation. Already this year, we have witnessed Qenos – Australia’s last plastics manufacturer – shut |
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MacroBusiness
Thursday, October 3, 2024 - 10:00
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With Chinese markets closed, SGX is wandering sideways: There is almost no scenario in which iron ore will be driven higher by fundamentals. There’s too much. The supply chain is chock-o-block. There’s more coming. And Chinese demand will struggle to hold even with stimulus give the baked-in reduction in Chinese property completions ahead. This is The post Iron ore waits for MOAR appeared first on MacroBusiness. |
Your Democracy
Thursday, October 3, 2024 - 09:35
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Rapper Sean 'Diddy' Combs, known for collaborating with top Democrats for decades, was charged with sex trafficking, racketeering conspiracy and other felonies in mid-September. |
