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Your Democracy Wednesday, April 3, 2024 - 05:57 Source

Paris mayor Anne Hidalgo said on Saturday Russian and Belarusian athletes "were not welcome" at the Olympics being staged in the French capital this year.

"I want to tell Russian and Belarusian athletes that they are not welcome in Paris and to tell Ukrainian athletes and all the Ukrainian people that we support them very strongly," Hidalgo said in a video posted by Ukrainian YouTube channel, United News.

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MacroBusiness Wednesday, April 3, 2024 - 00:05 Source

YIMBYs, developers, think tanks, and the media urge politicians to relax planning rules so that hundreds of thousands of high-rise apartments can be built quickly across our cities ”missing middle” to accommodate the federal government’s mass immigration policy. Their arguments ignore overwhelming empirical evidence that the last decade’s high-rise apartment boom was a failure. The

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MacroBusiness Wednesday, April 3, 2024 - 00:01 Source

Here is the definition of the ALP from ChatGPt: The Australian Labor Party (ALP) is one of the major political parties in Australia. It was founded in the 1890s and is traditionally associated with the center-left of the political spectrum. The party advocates for social justice, workers’ rights, and progressive policies. Over the years, the

The post Labor should crucify Albanese appeared first on MacroBusiness.

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Renew Economy Tuesday, April 2, 2024 - 21:43 Source
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Renew Economy Tuesday, April 2, 2024 - 21:20 Source
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Renew Economy Tuesday, April 2, 2024 - 20:47 Source
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Your Democracy Tuesday, April 2, 2024 - 18:59 Source

Mainline industrial confinement livestock producers routinely feeding subtherapeutic antibiotics to their animals have been desperate for an alternative for many years. As superbugs like cDiff and MRSA developed, consumer backlash against ubiquitous antibiotic use increased.

 

A Fauci for Every Farm Animal

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The Australian Independent Media Network Tuesday, April 2, 2024 - 18:52 Source

After the Super Tuesday results signalled Trump would become the Republican presidential candidate in November, a first promise was that “We’re going to drill baby drill.” One of the most important reasons to watch American politics this year is that a Trump victory will push the world faster towards catastrophic climate heating. The global community…

The post A Republican victory in 2024 is a “free market” death sentence for humanity appeared first on The AIM Network.

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MacroBusiness Tuesday, April 2, 2024 - 16:30 Source

Asian share markets are still in mixed conditions despite some strong economic catalysts after the Easter break with a somewhat weak lead from Wall Street not helping local stocks as much as thought. The high USD and higher bond yields continue to dominate currency markets as the Australian dollar for example remains depressed below the

The post Macro Afternoon appeared first on MacroBusiness.

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The Australian Independent Media Network Tuesday, April 2, 2024 - 16:08 Source

The human mind is often incapable of tolerating the limitless nature of a universe, the absence of a divine architect, or appreciate that intended designs may be absent when it comes to events awful, ghastly and catastrophic. A disaster with some human agency is bound to have arisen because of a constructed plan, a template…

The post The Baltimore Bridge Collapse: Conspiracy as Mother’s Milk appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, April 2, 2024 - 15:43 Source

Australian Council for International Development Media Release The Australian Council for International Development, the peak body for the aid and humanitarian agencies, has today expressed its deepest condolences to the family of killed Australian aid worker Zomi Frankcom. Ms Frankcom was killed, along with four of her fellow aid workers, by an Israeli air strike…

The post Killing of Australian aid worker in Gaza tragic and preventable appeared first on The AIM Network.

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The Australian Independent Media Network Tuesday, April 2, 2024 - 15:34 Source

UNSW Media Release The ‘right to disconnect’ has been gaining traction globally in recent years, and Australia has joined the movement with the recent passing of the Fair Work Amendment (Right to Disconnect) Bill 2023.    The new legislation is a response to growing concerns about work-related mental health issues, particularly those linked to stress and overwork.…

The post Right to Disconnect: Will it work? And what does it mean? appeared first on The AIM Network.

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Renew Economy Tuesday, April 2, 2024 - 15:26 Source
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Renew Economy Tuesday, April 2, 2024 - 15:26 Source
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Renew Economy Tuesday, April 2, 2024 - 15:23 Source
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MacroBusiness Tuesday, April 2, 2024 - 13:47 Source

Note from the best macro team in Australia, led by Gareth Aird, the CBA. March RBA Board Minutes confirm the evolution in the Bank’s policy bias The March Minutes are the most dovish piece of communication from the Board since the RBA commenced its tightening cycle in May 2022. The Board shifted to a neutral

The post RBA readies for rate cuts appeared first on MacroBusiness.

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Renew Economy Tuesday, April 2, 2024 - 13:44 Source
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MacroBusiness Tuesday, April 2, 2024 - 13:00 Source

Nothing new, of course, and a pleasure to behold as another Albanese Government lie is manifest. Australia’s manufacturing sector conditions deteriorated at the fastest pace since May 2020, according to the latest PMI® data from Judo Bank. Underpinning the latest downturn was an accelerated fall in new work inflows, which led to a reduction of

The post Aussie manufacturing goes out of buiness appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 2, 2024 - 12:30 Source

Of all the things you could do to your voter base, dehousing them is the most evil. Maslow’s hierarchy of needs is clear. Shelter and safety are the base of healthy human psychology upon which everything else rests. Nothing else is stable without them: The upending of this pyramid is where we are now as

The post The housing catastrophe is one man’s severe mental illness appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 2, 2024 - 12:00 Source

The Financial Times posted an interesting article questioning the official employment data coming from government statistical agencies across the developed world, which are understating the weakness of labour markets and giving false signals to central banks. “Employment figures are being closely watched by central bankers around the world as they try to work out when

The post Official employment data cannot be trusted appeared first on MacroBusiness.

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Renew Economy Tuesday, April 2, 2024 - 11:55 Source
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Renew Economy Tuesday, April 2, 2024 - 11:41 Source
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Renew Economy Tuesday, April 2, 2024 - 11:34 Source
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MacroBusiness Tuesday, April 2, 2024 - 11:30 Source

Australia recorded record population growth of 660,000 people in the year to September 2023, driven by record high net overseas migration of 549,000. In percentage growth terms, Australia’s annual population growth rate of 2.5% was the nation’s highest since 1952: Anybody living in Australia would be aware of the consequences, with the nation grappling with

The post Canada sounds economic alarm bells for Australia appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 2, 2024 - 11:00 Source

CoreLogic’s daily dwelling values index showed that home prices across the five major capital city markets have risen by 11.8% since bottoming on 29 January 2023, despite significant additional monetary tightening from the Reserve Bank of Australia (RBA): On Monday, PropTrack released its own dwelling values index, which showed that values across the combined capital

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Your Democracy Tuesday, April 2, 2024 - 10:41 Source

Global Economy Collapse: Banking Crisis Is Only Just Getting Started - Brian Rose & James Rickards

https://www.youtube.com/watch?v=2-zyrQwiQF0

 

MEANWHILE: AFTERWORD...

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MacroBusiness Tuesday, April 2, 2024 - 10:30 Source

Well, not the only one, but close enough: The Reserve Bank of Australia is expected to be the last major central bank to start cutting interest rates and economists predict the cash rate will remain on hold at least until November. A sizeable minority of economists say 2025 is more realistic for the first interest

The post The Kouk is the last sane economist standing appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 2, 2024 - 10:00 Source

The Market Ear with the latest positioning. NVDA – make or break The world’s most important stock is trading right on the steep trend line and the 21 day moving average. $900 is the short term must hold, or…. Refinitiv SPX does not care The gap between SPX and Fed reserves is getting rather wide…

The post Will the equities bull run face plant on oil? appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 2, 2024 - 09:30 Source

DXY is up and away with oil: AUD is down, down: Despite the bear’s party: No help from North Asia: Oil is threatening the entire rally. Gold is mad: Metals meh: Miners dead cat bounced: EM looks promising for no reason I can think of: Not sure what happened to junk. Looks like a gltich:

The post Australian dollar destroyed by artificial intelligence appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 2, 2024 - 09:00 Source

Risk markets continue to float higher as the latest ISM manufacturing print in the US came in stronger than expected, boosting the USD and bond yields across the curve. European stocks continued their surge higher with Asian equities expected to follow in today’s session. With the USD on a tear, the Australian dollar is still

The post Macro Morning appeared first on MacroBusiness.

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