Blogotariat

Stock markets are having mixed reactions to the early morning passing of the Trump regime’s Big Billionaires Bill but are also hesitating around the blanket tariffs that are set to go into motion on the 1st August. The Orange Mussolini has resorted to just sending out letters instead of negotiating trade deals as he is

The post Macro Afternoon appeared first on MacroBusiness.

Bill passed by Congress will eviscerate clean energy in US, and trash climate goals. The lurid spectacle will now see Trump host UFC fights on White House lawn.

Offshore wind project proposed for off the coast of Victoria gets regulatory approval to conduct a range of studies, marking a "huge milestone" in its development. 

Just a few short days prior to May’s federal election, senior figures within the Coalition believed they were on course for victory and that the Albanese government would be the first one-term federal government since the Great Depression. They were absolutely correct that the election would be one for the record books, but unfortunately for

The post The obliteration of the Coalition appeared first on MacroBusiness.

This is what the Trump administration just passed in its Big, Beautiful Bill. Tax Reforms Permanent Extension of 2017 Tax Cuts: The bill makes the 2017 tax cuts permanent, maintaining lower tax rates and brackets, and doubling the standard deduction and child tax credit . New Tax Deductions: Introduces deductions for tips, overtime pay, and

The post Albo needs a Big, Beautiful Bill appeared first on MacroBusiness.

Albo has no idea about productivity, and not much else. He’s a backroom bovver boy good at pretending he’s nice while lacking all brain cells. His latest brainfart is just another political boondoggle for phonies. The Australian. Mr Albanese will call for co-­operation across the spectrum to increase productivity and allow the private sector to

The post Albo’s fake productivity summit to make everything worse appeared first on MacroBusiness.

As the global economy continues to decelerate amidst a backdrop of escalating trade conflicts and war in the Middle East, interest rate futures markets are increasingly pricing in additional rate cuts from the RBA. As of the latest close of the futures market, roughly 3.9 rate cuts are priced in by the market over the

The post How many rate cuts will the RBA deliver? appeared first on MacroBusiness.

As I have noted for many years, managing money successfully in Australia is as stupid as the structure of the underlying economy. The only question before any fund manager that matters, given his/her reliance on relative returns, is whether to be overweight miners or banks. Equally, for a year or so I have been arguing

The post This is not the mining rotation you are looking for appeared first on MacroBusiness.

Mozambican writer Mia Couto once gave a remarkable speech about the political exploitation of fear, in which he denounced “those who fear that fear might end” (quem tenha medo que o medo acabe). In a nutshell: fearmongering — an extremely powerful and effective means of manipulation and control.

The Market Ear on extreme greed! Say hello to extreme greed We are back in extreme greed land, trading at the most “greedy” levels since Feb 2024. Source: MacroMicro Finally Bulls getting excited and bears starting to give up. Not at extreme levels, but getting closer. Source: LSEG Workspace Nets catch up Net leverage for

The post Extreme greed arrives appeared first on MacroBusiness.

DXY bounced with solid US jobs. AUD did not. Lead boots plod on. Gold gets more worrying by the day. Metals reversed. The big bear is not over. EM signs of life. But yields weighing. No bueno for BBB. Stocks only go up. US jobs were solid. Total nonfarm payroll employment increased by 147,000 in

The post Australian dollar squashed by US jobs anvil appeared first on MacroBusiness.

A new study will see how households and businesses without solar can buy it from households that produce excess.

Farmers are turning to renewables like solar, batteries and electric machinery to cut costs and boost resilience.