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MacroBusiness
Monday, February 24, 2025 - 11:00
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I do love a Michale Hartnett sweeping generalisation but this one got my goat. The Price is Right: China house prices on rise, up in 24 of 70 big cities in Jan (Chart 5); if China retail sales accelerate>6%YoY =global investors go long China (not just BATX 2 stocks). Here is the latest Chinese housing The post No Michael, Chinese property is not recovering appeared first on MacroBusiness. |
xkcd.com
Monday, February 24, 2025 - 11:00
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Your Democracy
Monday, February 24, 2025 - 10:35
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Germany must gain real independence from the US, Friedrich Merz, the projected winner of Sunday’s parliamentary elections, has said. According to German media, the Christian Democratic Union (CDU) and sister party, the Christian Social Union (CSU), are projected to receive 28.5% of the vote, which means that Merz will likely become the next chancellor. |
MacroBusiness
Monday, February 24, 2025 - 10:30
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Via Judo Bank. Flash Australia PMI Composite Output Index(1): 51.2 (Jan: 51.1). 6-month high. Flash Australia Services PMI Business Activity Index(2): 51.4 (Jan: 51.2). 6-month high. Flash Australia Manufacturing Output Index(3): 50.1 (Jan: 50.5). 2-month low. Flash Australia Manufacturing PMI(4): 50.6 (Jan: 50.2). 27-month high. Business activity in Australia’s private sector expanded at a faster The post Aussie flash PMI crawls along appeared first on MacroBusiness. |
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MacroBusiness
Monday, February 24, 2025 - 10:00
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On the surface, Australia’s job market looks incredibly strong. According to the latest labour market survey from the Australian Bureau of Statistics (ABS), the economy recorded 3.5% annual job growth in January. Australia’s official unemployment rate (4.1%) is also amongst the lowest in the advanced world, alongside the United States. The latest Statement of Monetary The post Australia’s strong job market is a mirage appeared first on MacroBusiness. |
MacroBusiness
Monday, February 24, 2025 - 09:30
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The ferrous complex is still in the throws of LNY distortions and Q1 supply disruptions, supporting prices. But underlying conditions remain weak. Demand is down again this year when adjusted for LNY. So is steel production. I expect the entire ferrous complex to weaken again in Q2. The post Iron ore pretends everything is ok appeared first on MacroBusiness. |
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Your Democracy
Monday, February 24, 2025 - 09:25
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COVID-19 vaccines have been instrumental in reducing the impact of the pandemic, preventing severe illness and death, and they appear to protect against long COVID. However, some individuals have reported chronic symptoms that developed soon after receiving a COVID-19 vaccine. This little-understood, persistent condition, referred to as post-vaccination syndrome (PVS), remains unrecognized by medical authorities, and little is known about its biological underpinnings. |
MacroBusiness
Monday, February 24, 2025 - 09:00
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Wall Street had a major setback on Friday night led by tech stocks like Meta as Comrade Krasnov took another wild swing on tariffs against Europe as Germany gears up for its general election on Sunday. The USD came back against most of the undollars except Yen as inflation expectations came in much higher on The post Macro Morning appeared first on MacroBusiness. |
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MacroBusiness
Monday, February 24, 2025 - 08:20
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Resolve with the fear. Voters have lifted Opposition Leader Peter Dutton to a significant new lead in the race for power at the federal election, backing him as a strong leader while slashing their core support for Labor to a new low of 25 per cent. The shift has taken the Coalition to a lead The post Albo polling enters free fall appeared first on MacroBusiness. |
MacroBusiness
Monday, February 24, 2025 - 08:00
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In December 2024, Freelancer CEO Matt Barrie delivered a must-watch keynote speech to the Northern Beaches Liberal Party, which, among other things, explained how the federal Labor Party imports migrants that are more likely to vote Labor. Barrie noted that Indians comprise the largest migrant group imported into Australia. New Indian migrants overwhelmingly vote for The post Labor rigs migration system for votes appeared first on MacroBusiness. |
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Your Democracy
Monday, February 24, 2025 - 07:57
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The Coalition has vowed to match Labor's pledge to boost Medicare funding by $8.5 billion "dollar-for-dollar", as the government moved to set up a federal election contest fought on access to health care. |
MacroBusiness
Monday, February 24, 2025 - 06:33
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I’m not sure it will be a high-speed or especially smooth lift, but the German election result should aid the AUD at the margin. CDU Conservatives will form some kind of coalition excluding AfD. The hope is it will attempt to alter the fiscal cap in the German constitution, but that won’t be easy, requiring The post Australian dollar gets a German lift appeared first on MacroBusiness. |
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Your Democracy
Monday, February 24, 2025 - 05:52
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President Volodymyr Zelenskyy said Sunday he would quit as Ukraine's head of state in exchange for the country gaining NATO membership. |
Your Democracy
Monday, February 24, 2025 - 05:22
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Whoever destroys a single life, the Torah considers it as if they destroyed an entire world. And whoever saves a single life, the Torah considers it as if they saved an entire world.Talmud, Sanhedrin 37a |
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MacroBusiness
Monday, February 24, 2025 - 00:05
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The prospect of interest rate cuts from the Reserve Bank of Australia (RBA) has engineered a rebound in Australian house prices. This year’s final auction clearance rates have rebounded strongly, which historically is associated with an uplift in prices. This weekend’s preliminary auction clearance results from CoreLogic suggest that the auction rebound continued, with a The post RBA rate cuts trigger house price rebound appeared first on MacroBusiness. |
Your Democracy
Sunday, February 23, 2025 - 20:40
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Within the first month of the new Trump administration, the federal government has already become nearly unrecognizable. Operating through the unofficial Department of Government Efficiency (DOGE), Elon Musk, the world’s richest man, has been given carte blanche to wage war on every part of the government that stands in the way of the business and investment needs of the billionaire class.
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Your Democracy
Sunday, February 23, 2025 - 19:06
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The United Kingdom is set to announce new sanctions against Russia on Monday, marking three years since Moscow's invasion of Ukraine, UK Foreign Secretary David Lammy said Sunday. |
Prosper Australia
Sunday, February 23, 2025 - 17:47
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Prosper Australia today expressed deep disappointment at the Victorian Government’s continued failure to implement value capture mechanisms in its recent upzoning announcements. By allowing landowners to reap windfall gains without returning a fair share to the community, the government has missed a vital opportunity to fund essential infrastructure and public services. |
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Your Democracy
Sunday, February 23, 2025 - 15:23
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Renew Economy
Sunday, February 23, 2025 - 14:26
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Renew Economy
Sunday, February 23, 2025 - 13:31
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Your Democracy
Sunday, February 23, 2025 - 12:06
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GLOBAL WARMING IS STILL ON THE TABLE... |
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Your Democracy
Sunday, February 23, 2025 - 10:29
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Your Democracy
Sunday, February 23, 2025 - 07:53
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Anonymous officials informed major US outlets this week about the CIA’s ‘benevolent’ new role: flying MQ-9 Reaper drones over Mexico to spy on drug cartels. What's wrong with this picture? |
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Your Democracy
Sunday, February 23, 2025 - 07:43
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A rally on the steps of the Victorian Parliament under the banner of Jews for a Free Palestine was arranged for Sunday 9 February. At 11:11pm on the eve of that rally, Mark Leibler — lawyer, who claims to have a high profile and speak on behalf of Jews by the totally unelected organisation AIJAC — put out a tweet on X (and paid for an advertisement of the same posting) as follows:
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Your Democracy
Sunday, February 23, 2025 - 06:53
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Elon Musk’s threat to cut off Starlink may deal “the most powerful military-technical blow to combat capabilities of Ukrainian armed forces,” veteran military and international affairs specialist Andrei Koshkin told Sputnik. Here’s why. The possible shutdown would mean that the Ukrainian troops would be unable to: coordinate their artillery strikes |
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Your Democracy
Sunday, February 23, 2025 - 06:26
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This week, we have seen leaders in western Europe forced to move from fumbling cautious politeness to action as a result of the US president's various pronouncements. There's no reason to think Australia's national interests will not be directly challenged in a similar way, whether that is over economic or geo-strategic interests, or even over political fashion. |
Your Democracy
Sunday, February 23, 2025 - 06:17
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JOHANNESBURG (Sputnik) - The non-participation of the United States in a draft anti-Russian resolution of the UN General Assembly shows the pragmatism of the policy of President Donald Trump's administration, Russian Foreign Minister Sergey Lavrov said on Friday. |
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MacroBusiness
Saturday, February 22, 2025 - 11:55
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DXY was firm. AUD legged down the leg up. Jaws still open. Oil was flogged. Can’t find an obvious reason. Commods mixed. Miners down. EM Deep Seeking continues. Junk yawn. Yields rolling? Stocks puked. US housing and services data was soft but not terrible. Perhaps everything was exaggerated by Batwoman’s new coronavirus. More likely were The post Australian dollar sickened by new coronavirus appeared first on MacroBusiness. |
Your Democracy
Saturday, February 22, 2025 - 11:22
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The relationship between the US and Ukraine is now undergoing “total destruction,” with Vladimir Zelensky trying to fight President Donald Trump on behalf of America’s ‘Deep State’, Andrey Telizhenko, former 3rd Secretary at the Ukrainian Embassy in the US, told RT. The ‘Deep State’ itself, however, appears to be falling apart as well, he warned. |
