Blogotariat

Now the news cycle has certainly moved on with Joe Biden announcing that he wouldn’t be standing which took everyone, including Joe, by surprise. While I’m not suggesting anything untoward, I do have to say that I wouldn’t be paying any ransom for President Biden until I had proof of life. At the risk of…

The post Hulk Hogan Endorses Trump Then Rips His Own Clothes! appeared first on The AIM Network.

By Tess Lawrence America is one President down. Joe Biden has withdrawn from the presidential race. His demise was brought about not by a sniper’s bullet, but by assassins of another kind in both insidious and ignominious ways. Cognitive impairment is one thing but this octogenarian’s past months in office reflect more shame on others,…

The post America one President down: King Lear makes way for King Leer appeared first on The AIM Network.

I started watching this AppleTV sci-fi alternate reality series while I was down in Tassie and quickly got hooked. The premise is very me. A dude with a slightly disappointing but basically decent life gets sucked into a mirror maze of alternate timelines — or kidnapped into it, to be honest — and has to make his way home. An increasingly difficult and dangerous ask.

US politics dominated the risk markets as a new trading week got underway as President Biden pulled out of the race, leaving convicted felon Trump the oldest presidential nominee in history. With Wall Street slowly increasing their bets that he was likely to win in November before the weekend news, markets are now quite unsettled

The post Macro Afternoon appeared first on MacroBusiness.

New analysis finds adding one gigawatt scale nuclear plant in Queensland would require tens of thousands of rooftop solar systems to be shut off on a daily basis.

Independent economist Tony Alexander has written a detailed note on New Zealand’s stagflation economy and its implications for interest rates. Although domestic inflation remains stubbornly high, Alexander believes that the steepening recession will prompt the Reserve Bank to commence its easing cycle in November, if not earlier. Statistics New Zealand released the June quarter inflation

The Fake Greens have taken populism and loonyism to new heights with Deputy Leader in the Senate, Nick McKim, calling on the Albanese government to stop the Reserve Bank of Australia (RBA) from lifting interest rates. “The mechanics of section 11 are that the treasurer can advise … the governor-general that is, to issue an

The post The Greens are economic vandals appeared first on MacroBusiness.

Newspoll is unchanged at 51-49 to the government today: However, a new Freshwater poll has the LNP up by the same margin. Moreover, the aggregated polling trend is not Albo’s friend: He has butchered the ALP’s leadership in the critical areas of economic management and national security. However, health is the government’s trump card: It’s

The post Albo’s polling slip slides away appeared first on MacroBusiness.

Sometimes this job is boring—interpolating data, watching indicators grow like grass, and watering the intellectual desert of the Aussie media. Yawn Then there is the single most onerous task I have had to undertake in thirteen years of writing – analysing the self-serving guff of Dr Jim Chalmers. Alas, I am forced back into the

The post Chalmers buries own wellbeing drivel appeared first on MacroBusiness.

The largest donation came from Beetaloo Basin gas company Tamboran Resources, which has gifted $28,000 ahead of the Territory election.

Albo’s new energy shock appears just about over for this winter, with gas glued to his stupid $12Gj gas price floor: And QMA power prices are about to top out at $155MWh: It’s been a doozy and as prices fall into the off-season, I expect a higher low than last Spring. Big coal is making

The post Greens cut gas Gordion knot appeared first on MacroBusiness.

The number of cafes has grown dramatically across Australia during the last two decades. When I moved to Melbourne’s Ashburton area in 2006, my local High Street strip shop had about four cafes. Over the next 18 years, I observed the number of cafes grow to ludicrous numbers. There are now more than a dozen

The post Australians tire of $5 coffees appeared first on MacroBusiness.

Chinese steel demand indicators continue to sink. Auto sales are weakening: Property sales are going nowhere: As prices keep falling: Infrastructure bonds are very weak:   Hammering cement demand: Nothing encouraging here for future steel demand. Goldman offers a gloomy outlook: First, the primary linkage between the property market and the real economy is through

The post Chinese property sinks some more appeared first on MacroBusiness.