Oz Blog News Commentary

Articles from MacroBusiness

No bears left!

August 15, 2022 - 10:00 -- Admin

The Market Ear with more on how far the bear market rally has run to correct market positioning. Short covering getting extreme Short covering getting extreme as net US hedge fund flows turn positive. JPM writes: “…the short covering has been the main driver of late and is now one of the most extreme in the

Macro Morning

August 15, 2022 - 09:30 -- Admin

Stock markets finished the trading week with vigour on Friday night with big gains on Wall Street as inflation expectations may have peaked with the latest US CPI print. The USD returned to form and gained some 0.5% against the major currencies with Euro in the main retracing back most of its post-CPI gains, while

QLD, VIC, NSW demand gas reservation

August 15, 2022 - 09:00 -- Admin

Australia’s great power shock correction continues today as the gas price sits at around $17Gj allowing electricity prices to establish a new lower range, though still triple more traditional prices: Believe it or not, these prices are still high enough to double utility bills in the next year! The egregious leftie press has taken a

Labor launches biggest ever immigration program

August 15, 2022 - 00:10 -- Admin

After initiating for months, the Albanese Government confirmed over the weekend that it would use the upcoming Jobs & Skills Summit as cover to launch Australia’s biggest ever immigration program: The government wants to increase the migration intake to between 180,000 and 200,000 a year, which would bring in more skilled migrants including tradies, IT

Developers choke supply to drive up house prices

August 15, 2022 - 00:05 -- Admin

Dr Cameron Murray – author of the Book Game of Mates – gave stunning testimony to the parliamentary inquiry into housing affordability, whereby he documented how developers manipulate the land market to ration supply and maximise their profits. Shortly afterwards, ‘Highrise’ Harry Triguboff’s explained how Meriton had deliberately withheld apartment stock from the market to

Links 15 August 2022

August 15, 2022 - 00:01 -- Admin

Global Macro / Markets / Investing: Wall Street Is Mostly to Blame for Rising Commodity Prices – Jacobin Back-From-Dead Stocks Show Near-Limitless Tolerance for Trouble  – Bloomberg U.S. Stocks Finish Higher, Extending Rally – WSJ Advertisers Plan To Use ‘Dream-Hacking’ To Implant Branding Into Your Dreams – Contxmedia Dow up 180 points as U.S. stocks

Weekend Sundries: 13-14 August, 2022

August 13, 2022 - 19:49 -- Admin

  Geoff McVeigh Sunrise at North Broulee Bushy Statue at Bodalla Hotel Water tower at Sunrise, Narrandera Star Lodge at Narrandera Railway Station, Narrandera Railway Station at Narrandera II East St 151 Jonsens Buildings (built 1893) Narrandera East Street 92 to 94 (built in 1927 by Hayes and Dixon formerly Bank of NSW and Bendigo