Blogotariat

Departing chief of Swiss solar manufacturer reaffirms his belief that Europe can compete against China on PV production, despite company's ongoing struggle to survive.

China fanboi, Ray Dalio, is abandoning the joint: The notion that these “real issues” have emerged in the last four years is silly. They’ve been coming for well over a decade while Dalio upsold the place. Is it time to buy as Dalio capitulates? With nominal growth buggered, driving deflation and weak profits, the answer

The post Dalio abandons China. Time to buy? appeared first on MacroBusiness.

The bank bubble is now so large that it has become a standing joke among brokers: Relative to international peers is hilarious: CBA is now part of the Mag 8, valued between Google and Microsoft. The only difference is they have tearaway earnings growth versus the CBA’s donut: What will bring this comedy festival to

The post Why the Aussie bank bubble is going to pop appeared first on MacroBusiness.

Architect Philip Thalis posted the below Tweet showing the appalling downgrading of new housing developments from their planning application and artists impression: Thalis shows a development in Sydney’s North-West, which promised the following urban utopia: Only to deliver the following dystopian trash: Thalis’ critique comes at the same time as the NSW Productivity and Equality

Statistics New Zealand has released the Q2 national accounts, which revealed that New Zealand’s real GDP declined by 0.2% over the quarter, with per capita GDP declining by 0.5%. This represented the seventh consecutive quarterly decline in per capita GDP, which fell by 2.5% year-on-year. Gross national income has also fallen sharply in per capita

The post Recession rocks New Zealand appeared first on MacroBusiness.

The Market Ear with the latest for equity positioning. The 10 year Bouncing off trend channel lows… Refinitiv Easy tiger DXY putting in a massive hammer candle right on range lows. These are big levels. Don’t forget, the dollar is hated these days (chart 2). Refinitiv JPM Another massive shooting star SPX is putting in

The post Everybody sold the first cut appeared first on MacroBusiness.

Charts that show electricity production, by country and fuel.

Using super for a housing deposit would make homes more expensive, hinder the home ownership aspirations of young Australians, reduce retirement incomes, and lead to a significant long-term cost to the Budget, a Corinna Economic Advisory report authored by Saul Eslake has found. In an independent report, commissioned by the Super Members Council, Mr Eslake…

Bravo WA, the only state worthy of the name as smashes the gas cartel with tougher domestic reservation: The move will be announced on Thursday in the updated Domestic Gas Policy, which states new or expanding projects will be required to reserve 80 per cent of gas produced for the domestic market, which jumps to

The post WA crushes gas cartel with monster reservation appeared first on MacroBusiness.

DXY dumped and pumped as the Fed cut 50: AUD did the reverse with a nasty candle top: North Asia up: Oil and gold down: Metals too: And miners: EM puke: Junk knows only soft landing: Yields sold the fact: Stocks printed a second nasty candle top: The Fed cut 50bps but Jay Powell was

The post Australian dollar pumps and dumps on Fed 50 appeared first on MacroBusiness.

We are on the eve of the possible final act of the tragicomedy that is Ukraine. 

It could come at the end of the month during the general debate at the U.N. General Assembly when  the odd couple of the lame-duck and expired presidents of the U.S. and Ukraine could reveal to the world its fate.

Two Men [AND A WOMAN] Who, if Allowed, Could Decide Humanity’s Fate

The wave of synchronized pager explosions in Lebanon was “reckless”because the method did not account for potential civilian casualties, Edward Snowden has said. 

At least nine people were killed and some 2,800 injured across Lebanon when handheld pagers used by Hezbollah members simultaneously exploded on Tuesday. The pro-Palestinian militant group has blamed Israel for “sinful aggression” and vowed to retaliate. 

The Q2 national accounts showed that Australia’s population grew by an extraordinary 656,000 in 2023-24: The Q2 national accounts also showed that Australia’s population has ballooned by 1.78 million since Q4 2019, including the collapse in net overseas migration during the pandemic. This means Australia’s population grew by an average of 99,000 people over the

The post Australia has become anti-family appeared first on MacroBusiness.