Blogotariat

Charts from TME. SPX is caught in a bearish rising wedge, tough it could also be seen as a bullsh asending triangle. Tech is more neutral and could go either way from a symmetrical triangle. The NY rotation has been from tech to the broader market, or, put another way, from AI spenders to AI

The post Tech bubble struggles to find oxygen appeared first on MacroBusiness.

In an article published in the Swiss Military Journal, Swiss officer Pascal Koller slanders Jacques Baud in the most despicable manner. We prove that he is lying and show that criminal charges are the only way to put this petty criminal in his place. Is he being protected by the Swiss army leadership or is he acting alone?

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After a stupid statement by the silly old fart Bob Katter stating that every school should have an armoury in which each child could store their rifles, I wrote a piece about him and the reason he was so keen to sell more guns to Australians. That reason was that his son-in-law owns a large supplier of arms, ammunition and accessories1. Ever the spiv.

Analysts are beginning to assess the implications of the Trump administration’s toppling of the Maduro government in Venezuela, not only for the Americas but also for the world. In 2024, Venezuela exported around 1 million barrels of oil per day. In January 2025, a little under half of that, around 390,000 barrels per day, was

The post Venezuela intervention hits Beijing appeared first on MacroBusiness.

The ferrous complex is up to its usual New Year games as speculation mounts about imminent yawnulus. There is some evidence for increased fiscal support in early-year bond issuance; however, the usual caveats apply. More and more, such spending is directed away from commodity-intensive uses. Additionally, the yawnies must now contend with the anti-involution investment

The post Steel sag meets iron ore rip appeared first on MacroBusiness.

Are Russia and China, the BRICS, willing to continue to let Trump redraw the ‘mappa mundi’ according to his own exclusive interests? Or is it time to see a real alternative to US hegemony take shape?

No alternative to US hegemony?

Ricardo Nuno Costa

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A new analysis finds that the richest 15 billionaires in the U.S. saw their wealth skyrocket by nearly $1 trillion in the first year of President Donald Trump’s second term, which also contained one of the single largest cuts to welfare benefits in U.S. history.

Australia’s visa laws allow exclusion on grounds of character and incitement of discord. Those tests raise serious questions about whether Israel’s president should be welcomed while the killing in Gaza continues.

John Menadue

Minister for Home Affairs Tony Burke should reject a visa application for Israeli President Herzog

In the years since the Global Financial Crisis, the Australian economy has become ever more reliant on government for positive outcomes. Much of the revenue required to underpin this ongoing intervention has been derived from the explosive rise in resource exports, which rose by well over 200% at their peak in 2023 compared with their

The post Albo takes over the economy appeared first on MacroBusiness.

Price and emissions savings seen in 2025 could soon be in the rear vision mirror as the Queensland Government commits to expensive, polluting fossil fuels.

The post Record year for renewables eases prices and pollution as coal clunkers go missing in Queensland appeared first on Renew Economy.

Readers will be well aware of the looming global LNG glut. Global LNG output rose 6% in 2025 and is expected to grow for at least another four years on the back of record-setting investment in new facilities. This year alone, two giant projects — Golden Pass in Texas and a major expansion in Qatar — are

The post Drill, baby, drill turns crash, baby, crash appeared first on MacroBusiness.

The iron ore jaws are opening wide. Put your hand in if you dare. The widest in three years, in fact. Scuttlebutt is excited! Iron ore futures rallied on Wednesday to ‍their highest in multiple months, boosted by ​hopes of improving demand in top ‌consumer China following Beijing’s pledge of ​easing monetary policy this year.

The post Do you dare the iron ore jaws? appeared first on MacroBusiness.

The US Justice Department has quietly scaled back its indictment of Venezuelan President Nicolás Maduro, retreating from a central Trump-era claim that he led a drug cartel.

The original accusation, included in a 2020 grand jury indictment, portrayed the Cartel de los Soles as an organized criminal group allegedly led by Maduro and engaged in large-scale cocaine trafficking.