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MacroBusiness Friday, July 4, 2025 - 10:00 Source

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.

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xkcd.com Friday, July 4, 2025 - 10:00 Source

Low gravity can cause bone loss, so we're pleased to report that, since we initiated capsule motion, the number of bones in each crew member has been steadily increasing.

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MacroBusiness Friday, July 4, 2025 - 09:30 Source

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.

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MacroBusiness Friday, July 4, 2025 - 09:00 Source

Overnight saw the passage of the Trump regime’s Big Bloody Awful Bill for the middle/working class by the Republican controlled Congress, but this was overshadowed by a surprisingly upbeat NFP print that negated the negative ADP print the session before. While the BBB will lead to the near permanent destruction of low/middle America it is

The post Macro Morning appeared first on MacroBusiness.

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Renew Economy Friday, July 4, 2025 - 09:00 Source
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Renew Economy Friday, July 4, 2025 - 08:32 Source
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Renew Economy Friday, July 4, 2025 - 08:00 Source
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Your Democracy Friday, July 4, 2025 - 07:55 Source

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Your Democracy Friday, July 4, 2025 - 07:40 Source

The UK Secret Intelligence Service, commonly known as MI6, has played a central role in spreading false intelligence and engaging in provocative actions aimed at escalating global conflicts, British whistleblower and investigative journalist for The Grayzone, Kit Klarenberg, has told RT.

Speaking to host Rick Sanchez on Thursday, Klarenberg said MI6 was at the forefront of efforts to push the West deeper into the Ukraine conflict.

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Your Democracy Friday, July 4, 2025 - 06:18 Source

As yet another dangerous heatwave pushes temperatures well into the triple digits across much of Europe, climate defenders on Monday renewed calls for stronger action to combat the planetary emergency—including by ensuring that the impending European Climate Law ends fossil fuel use and eschews false solutions including international carbon offsetting. 

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New Politics Friday, July 4, 2025 - 03:42 Source

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MacroBusiness Thursday, July 3, 2025 - 16:00 Source

Stock markets were doing well in Asia until it seemed like a leak of tonight’s US unemployment print by Trump spitting his dummy calling for Fed Chair Powell’s resignation. This saw most equities pull back alongside S&P futures while the USD firmed against the undollars, with Yen easing off as speculation the BOJ may raise

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 15:47 Source

transmission towers

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Renew Economy Thursday, July 3, 2025 - 15:39 Source
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Renew Economy Thursday, July 3, 2025 - 15:35 Source
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Renew Economy Thursday, July 3, 2025 - 15:19 Source
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MacroBusiness Thursday, July 3, 2025 - 14:00 Source

The St Louis Fed recently did an interesting AI survey that suggested the benefits of AI are large in certain areas but far from uniform. For each generative AI user, we computed the percentage of working hours saved as the ratio of time saved in the previous week to hours worked in that same week.

The post Is AI a productivity disaster? appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 13:46 Source
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MacroBusiness Thursday, July 3, 2025 - 13:30 Source

Wokey has been trying to turn Australia into a Chinese satrap for a few years now. It is little more than jingoistic and self-serving ignorance as it bristles about losing Big Tech revenues, but it’s currently in tune with local Trump Derangement Syndrome, so it is more dangerous than usual. Wokey can barely contain itself

The post Australia plans to be “defenseless spastic of Asia” appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 13:30 Source

Wokey has been trying to turn Australia into a Chinese satrap for a few years now. It is little more than jingoistic and self-serving ignorance as it bristles about losing Big Tech revenues, but it’s currently in tune with local Trump Derangement Syndrome, so it is more dangerous than usual. Wokey can barely contain itself

The post Australia plans to be “defenseless disabled of Asia” appeared first on MacroBusiness.

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The Tally Room Thursday, July 3, 2025 - 13:02 Source

The trend of a falling major party vote isn’t quite the same in Tasmania as it is on the mainland.

While the major parties maintained their dominance for longer in federal politics, and in most states, as far back as 1989 we saw the Greens poll 17% of the primary vote.

From 1989 until 2021, the total size of the major party vote didn’t shift by that much. While the Greens have occasionally polled higher than their 1989 result, it remains one of their higher results. And the votes for the two major parties have usually stayed within the same range.

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MacroBusiness Thursday, July 3, 2025 - 13:00 Source

Gone through 2026. The ABS. The seasonally adjusted balance on goods decreased $2,621m in May. Goods credits (exports) decreased $1,168m (2.7%) driven by Non-rural goods. Goods debits (imports) increased $1,453m (3.8%) driven by Capital goods. The year has been OK for exports because most of the bulk commodity falls have been in coal, which is largely

The post Australia’s trade suplus going, going… appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 12:30 Source

One of the narratives put forward for high levels of immigration into Australia is that migrants are required to build sorely needed homes. At face value it seems to make sense. After all, we have a housing deficit that AMP’s Shane Oliver puts at up to 300,000 homes (once household demographic factors are added in)

The post Immigration hinders not helps net home building appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 12:13 Source

If we imagine for a moment that pigs had little wings and made their home in the skies, and governments would do nothing to attempt to boost property prices even as they flatlined or grew at a level consistent with the CPI, we can credibly forecast a scenario in which housing would be on the

The post When could Aussie housing be affordable? appeared first on MacroBusiness.

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Your Democracy Thursday, July 3, 2025 - 12:10 Source

Those who enjoy fables are in luck. The nuclear associatives have always proclaimed that nuclear power means independence. Humor. France has just been expelled from Niger, and our impeccable lobby is forced to sell itself to Kazakhstan, at Putin's behest, to obtain its uranium. Putin, the master of the energy game.

 

French nuclear power in Putin's hands

 

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MacroBusiness Thursday, July 3, 2025 - 12:05 Source

In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen looked through what worked in 2025, what didn’t and where we are opening 2026. View the presentation slides Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is

The post MB Fund Podcast: FY2025 In Review appeared first on MacroBusiness.

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MacroBusiness Thursday, July 3, 2025 - 12:05 Source

Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look through what worked in 2025, what didn’t and where we are opening 2026. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness Fund, which is powered by Nucleus

The post MB Fund Podcast: FY2025 In Review appeared first on MacroBusiness.

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Renew Economy Thursday, July 3, 2025 - 11:54 Source
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Renew Economy Thursday, July 3, 2025 - 11:44 Source
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MacroBusiness Thursday, July 3, 2025 - 11:30 Source

In the nation’s collective consciousness, there is the narrative that there is a city experiencing a nation-beating exodus, where outflows of its residents are on the road to being biblical in their scale. That city is Melbourne. In the years since the pandemic began, the perception of the bayside city has changed dramatically, from one

The post Aussies exodus explodes from one city appeared first on MacroBusiness.

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