|
MacroBusiness
Tuesday, January 18, 2022 - 08:30
Source
Stock markets were relatively buoyant overnight due to the holiday on Wall Street plus the lack of economic releases, although the calendar plays catchup today with the latest BOJ interest rate meeting leading the charge here regionally. With US bond markets closed, there was no impetus there for change with the 10 year yield likely The post Macro Morning appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Tuesday, January 18, 2022 - 08:19
Source
DXY was up again last night: Australian dollar was mixed: Oil is still hot: Dirt mixed: Miners soft: EM stocks softer: EM debt softest: US markets were closed for Martin Luther King Day. Westpac has the wrap: Event Wrap Italian CPI inflation in December was finalised unchanged from the preliminary at 4.2%y/y). Canadian manufacturing sales rose 2.6%m/m The post Australian dollar weakens as Fed warms up appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
Your Democracy
Tuesday, January 18, 2022 - 06:52
Source
|
MacroBusiness
Tuesday, January 18, 2022 - 00:10
Source
At the same time as employer groups are complaining of acute “skills shortages”, and are begging the federal government to open the immigration floodgates, they are pushing back against the unions’ “unsustainable” demands for 3% wage rises: Key unions have vowed to pursue “significant” annual pay rises of at least 3 per cent in 2022… The post Employers: 3% wage growth risks jobs. Give us migrants instead! appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
MacroBusiness
Tuesday, January 18, 2022 - 00:01
Source
Global Macro / Markets / Investing: A Population Bust Is Coming—But Maybe That’s Not a Bad Thing? – Pairagraph World’s 10 richest men see their wealth double during Covid pandemic – The Guardian Supply Chain Woes Could Worsen as China Imposes New Covid Lockdowns – NY Times These are the video game studios leading the The post Links 18 January 2022 appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Your Democracy
Monday, January 17, 2022 - 21:38
Source
While millions of Australians struggle to make ends meet during the COVID-19 pandemic, the nation’s billionaires have pocketed $205 million a day. Anti-poverty charity Oxfam has run the numbers and found Australia’s 47 billionaires doubled their collective net worth to $255 billion over the first two years of the crisis. |
|
MacroBusiness
Monday, January 17, 2022 - 17:00
Source
Asian stock markets are starting the trading week generally upbeat despite a poor finish by stocks on Wall Street, with a cut in Chinese rate cuts helping buoy markets. Also, the stronger USD helped take the heat of some domestic currencies including the Australian dollar although gold is holding on to its poor Friday finish, The post Macro Afternoon appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Monday, January 17, 2022 - 15:57
Source
South Australia has recorded another 3829 new COVID cases over the past 24 hours: The next chart plots daily cases across South Australia: There are 33,703 active cases across South Australia: Whereas hospital admissions have have retraced to 227: Across the smaller jurisdictions: Tasmania recorded 1037 cases, up from 825 yesterday; ACT recorded 1601 cases, The post SA records 3829 COVID cases as NT locks down appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
The Australian Independent Media Network
Monday, January 17, 2022 - 15:30
Source
Australia’s treatment of Novak Djokovic, the tennis world number one, has been revelatory. Unintentionally, this has exposed the seedier, arbitrary and inconsistent nature of Australia’s border policies. The approval by the Australian Federal Court of the Immigration Minister Alex Hawke’s decision to re-cancel the prominent Serb’s visa left the country a heaving precedent that will be… |
Renew Economy
Monday, January 17, 2022 - 15:18
Source
|
|
Your Democracy
Monday, January 17, 2022 - 15:15
Source
NSW residents have been warned to brace themselves for high numbers of COVID-19 deaths in the coming days as the state’s healthcare workers battle exhaustion in the face of rising hospitalisations. Health Minister Brad Hazzard hit out at people who have chosen not to get vaccinated, saying they needed “to give a damn about someone other than” themselves. |
MacroBusiness
Monday, January 17, 2022 - 14:30
Source
Mortgage demand in New Zealand fell sharply in the final quarter of 2021, according to credit reporting company Equifax: “Credit inquiries are a lead indicator of housing turnover and price movement, and despite the increase in house prices across New Zealand in the December quarter, the recent reduction in mortgage demand may indicate cooling prices The post Ardern looks to pump faltering New Zealand mortgage market appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
MacroBusiness
Monday, January 17, 2022 - 14:00
Source
The number of suburbs with $3 million-plus median price tags more than doubled in Sydney in 2021, according to new data from CoreLogic. Nearly one-in-eight Sydney suburbs (82 in total) now has a median house price of $3 million, versus 39 suburbs at the beginning of 2021. 29 Sydney suburbs also had a median house The post Homebuyers need millions to live well in Sydney appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Monday, January 17, 2022 - 13:46
Source
|
|
MacroBusiness
Monday, January 17, 2022 - 13:43
Source
Chinese data for December is out and is a mess. The headline numbers were fine owing to resumptions in output after recent energy-related shutdowns. Q4 GDP was a respectable 1.6% to deliver a lousy 4% over the year: Growth internals were mixed for the month of December. Industrial production was decent year on year at The post China cuts rates as property market crash lands appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Monday, January 17, 2022 - 13:30
Source
The US government announced over the weekend that it would provide one billion free rapid antigen tests (RAT) to its citizens, while the UK government has been providing free RATs for months through chemists and online. However, Australian Health Minister Greg Hunt says the federal government does not intend to follow the US’s lead, while The post US & UK shame RAT Morrison appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
Renew Economy
Monday, January 17, 2022 - 13:29
Source
|
The Australian Independent Media Network
Monday, January 17, 2022 - 13:15
Source
“One death is a tragedy; a million deaths is a statistic.” Joseph Stalin. Of course, you shouldn’t listen to me because I’ve started this by quoting a Russian communist and we all know that communism is wrong and that Russia is evil… unless they’re helping out Donald Trump who was sent here by God to… The post Why You Definitely Should Do Your Own Research… appeared first on The AIM Network. |
|
MacroBusiness
Monday, January 17, 2022 - 13:00
Source
Driving around Melbourne’s streets over the past fortnight has been an eerie experience. Despite stunning summer weather, the roads are dead and shops/cafes are open but largely devoid of clientele. Last Saturday evening at around 5pm my family visited Easton Mall in Oakleigh – a famous mall of Greek restaurants and cafes. Our car was The post Australia’s ‘shadow lockdown’ delivers open goal to Labor appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Monday, January 17, 2022 - 12:46
Source
WES with the warning today: OMICRON cases will peak soon but they will also remain elevated for months given the private sector lockdown and second stage surge as schooling resumes. So expect a slew of similar warnings. I remain of the view that Q1 will return us to the “Morricession“, the phenomenon in which a The post Wesfarmers warns of Morricession appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
MacroBusiness
Monday, January 17, 2022 - 12:30
Source
ZH has a couple of good wraps. First, bearish: For the past year BofA Chief Investment Strategist, Michael Hartnett, has been one of Wall Street’s gloomiest strategists (perhaps just below Albert Edwards and Michael Wilson on the permabear scale) warning that global markets are on the precipice of a very ugly turn of events, and The post A Fed boom or a Fed bust for stocks? appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Your Democracy
Monday, January 17, 2022 - 12:11
Source
|
|
MacroBusiness
Monday, January 17, 2022 - 12:08
Source
Queensland has recorded 15,122 new COVID cases over the last 24 hours and seven deaths: Perversely, active cases have more than halved from 203.657 yesterday to 86,953 today: Finally, and most importantly, Queensland COVID hospitalisations have risen to a record high 702, of which 47 cases are in ICU (15 ventilated): Meanwhile, the Palaszczuk government The post QLD COVID cases vanish into thin air appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Monday, January 17, 2022 - 12:03
Source
December saw a strong performance from all of our tactical portfolios, our Growth portfolio rose 2%, Accumulation rose 1.2% and Income rose 0.7% as portfolios as bond markets recovered their losses from the prior months. Stock markets remained strong, our international fund rose 4% over the month, significantly outperforming the world index as travel stocks The post MB Fund December 2021 Performance appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
MacroBusiness
Monday, January 17, 2022 - 12:00
Source
The Australia Institute has a new report out that should be the headline around the country but barely gets a mention: Australia’s giant offshore gasfields are paying almost no royalties, create few jobs and are a large and rising source of greenhouse gases, according to a new report from the Australia Institute. The “Gas-fired robbery” The post Morrison’s gas cartel to plunder Australia indefinitely appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Monday, January 17, 2022 - 11:30
Source
Deutsche with the note. To my mind, if get anywhere near this outcome then stocks are going to crash. Put another way, stocks are going to crash to prevent it: Introduction Last week we adjusted our Fed view to bring forward liftoff to March and accelerate quantitative tightening (QT) to begin during the summer (see The post How fast will the Fed drain the punchbowl? appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
Renew Economy
Monday, January 17, 2022 - 11:16
Source
|
MacroBusiness
Monday, January 17, 2022 - 11:00
Source
Domain has released is Q4 Rental Report, which shows that house rents nationally surged by 7.4% across the capital cities in 2021, with all cities other than Melbourne recording strong growth: Capital City Dec-21 Sep-21 Dec-20 QoQ YoY Sydney $600 $580 $550 +3.4% +9.1% Melbourne $445 $430 $440 +3.5% +1.1% Brisbane $480 $460 $425 +4.3% The post Rents boom as listings dry up appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
|
xkcd.com
Monday, January 17, 2022 - 11:00
Source
|
Your Democracy
Monday, January 17, 2022 - 10:48
Source
At its heart, economics is fundamentally the social science of distribution — who gets what. And, right now, the pandemic has thrown a spanner into the works: no-one, or at least, very few people, are able to get everything they want or, in many cases, even need. |
melburn...
gap
scam
immigration
toilet