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Renew Economy Thursday, January 11, 2024 - 14:24 Source

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The Australian Independent Media Network Thursday, January 11, 2024 - 14:16 Source

The role of the US State Department regarding Israel’s continued obliteration of Gaza is becoming increasingly clear. As the actions of the Israeli Defence Forces continue, the Secretary of State, Anthony Blinken, is full of meaningless statements about restraint and control, the protection of civilians, the imperatives of humanitarianism in war. As the war continues,…

The post Tall Tales and Murderous Restraint: Blinken on Gaza and Israel appeared first on The AIM Network.

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MacroBusiness Thursday, January 11, 2024 - 14:00 Source

The Albanese Government is addicted to culture wars and virtue signalling over substantial policymaking: As the Albanese government approaches 600 days in office, Penny Wong is preparing to make her first visit to the Middle East as foreign minister. In coming days, Wong will travel to Israel, the occupied Palestinian territory in the West Bank

The post Bring Wong home and send a warship appeared first on MacroBusiness.

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MacroBusiness Thursday, January 11, 2024 - 13:30 Source

Prime Minister Anthony Albanese has urged the nation’s supermarkets to take more action to pass lower wholesale prices on to consumers, arguing that they can do more to relieve the cost-of-living pressures on households. “We know that when we have seen a reduction in the cost to supermarkets, that hasn’t been passed on in an

The post Labor’s grocery price inquiry all spin no substance appeared first on MacroBusiness.

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Renew Economy Thursday, January 11, 2024 - 13:05 Source

andrew forrest turbine bango wind farm

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MacroBusiness Thursday, January 11, 2024 - 13:00 Source

US bank lending has been showing a few green shoots of late: Led by large banks: With a possible bottoming of year in year declines: It is not showing up in the NFIB yet: Not very convincing yet.

The post US credit green shoots? appeared first on MacroBusiness.

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MacroBusiness Thursday, January 11, 2024 - 13:00 Source

The summer power shock has arrived. The good news is it is so far very muted. Electricity prices have barely climbed: Despite nosebleed gas prices: And weak wind output: The on-again, off-again El Nino has so far delivered good fortune. Meanwhile, the gas export cartel is whining like a stuck pig: Oil and gas operators

The post Smash the gas cartel, smash inflation appeared first on MacroBusiness.

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MacroBusiness Thursday, January 11, 2024 - 12:30 Source

Goldman with a look at the US in the wake of recent shipping issues. Our weekly bottleneck scale remained at ‘2’ this week; however, the absolute level of our congestion index increased by ~71% w/w, which left the overall congestion scale just~5% below ‘3’ territory following 50 consecutive weeks with readings of‘2’ or below (Exhibit

The post How stressed are supply chains? appeared first on MacroBusiness.

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MacroBusiness Thursday, January 11, 2024 - 12:05 Source

Where the market is going is often highly dependent on where it is starting from. To kick off the year, we are going around the world to look at valuations, earnings growth to see where the investment opportunities lie. Join us in this investment podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief

The post MB Fund Podcast: State Of The Stock Market appeared first on MacroBusiness.

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MacroBusiness Thursday, January 11, 2024 - 12:00 Source

Australia’s worst modern Treasurer, Jim “Chicken” Chalmers, is palavering again: “Our job in Australia is to make this not a lost decade, but a defining decade to modernise our economy and maximise our advantages,” Dr Chalmers told ABC Radio National on Wednesday. “And that’s why we are deploying a textbook combination of cost of living

The post Lying Chalmers delivers lost decade inside two years appeared first on MacroBusiness.

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MacroBusiness Thursday, January 11, 2024 - 11:30 Source

A recent Australian study by the Mackenzie Research Institute at Melbourne’s Holmesglen Institute concluded that university degrees have become tickets to work, but not necessarily success. While university graduates hold the highest-paying and most prestigious positions, their percentage of low-paying work is increasing. This sometimes comes at the expense of people with only diplomas and

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MacroBusiness Thursday, January 11, 2024 - 11:00 Source

This latest dwelling approvals data for November from the Australian Bureau of Statistics (ABS) were another sobering experience for anybody hoping for relief from Australia’s rental crisis. Annual dwelling approvals nationally collapsed to their lowest rate since June 2013 with only 166,100 homes approved for construction: The Housing Industry Association’s (HIA) chief economist, Tim Reardon,

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MacroBusiness Thursday, January 11, 2024 - 10:30 Source

JPMs Marko Kolanovic is still bearish stocks. Equities and bonds rallied into year-end, leaving markets appearing overbought and sentiment in complacent territory, e.g., illustrated by high RSIs, elevated Bull-Bear, VIX near lows, tight credit spreads and rich valuations. As a result, we’ve seen a partial reversal of the year-end rally since the start of the

The post Stocks bull market into US election appeared first on MacroBusiness.

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Renew Economy Thursday, January 11, 2024 - 10:29 Source

Bungala solar farm

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MacroBusiness Thursday, January 11, 2024 - 10:00 Source

More bad signs for China as recent trends continue in equity, soverign debt and forex, confirming trouble ahead. The CSI300 is not bottoming: The ten-year yield is at its lowest levels since 2016 and all indicators point south: CNY cannot catch a bid: Steel and iron ore futures are threatening to break down from a

The post Iron ore bubble popping appeared first on MacroBusiness.

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Your Democracy Thursday, January 11, 2024 - 09:36 Source

We investigate the fabric of spacetime, its ability to stretch, curve, and expand. Through our continuous studies of accretion disks located at the core of galaxies, it is our conclusion that these disks are separate from the host galaxy stellar disk.

 

The Final Size of the Universe Based on the Elasticity of the Fabric of Spacetime     Geo Douglas1*, Naman S. Bajaj2

 

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MacroBusiness Thursday, January 11, 2024 - 09:30 Source

DXY is moot: AUD stopped falling: CNY did not: Brent is dancing along the cliff: Dirt yawn: Mining smash: EM doom: Junk hope: Yield firm: Stocks party: The AUD rally has a new challenge, and it is significant. Called the Widowmaker, it is the thesis that Japan is about to exit deflation and the central

The post Australian dollar rally meets the Widowmaker appeared first on MacroBusiness.

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Renew Economy Thursday, January 11, 2024 - 09:25 Source

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MacroBusiness Thursday, January 11, 2024 - 09:00 Source

Risk markets were unable to make substantive moves higher overnight despite a solid session on Wall Street and a slightly weaker USD as ECB concerns of a European recession pushed most European shares lower. The weaker USD meant some relief for Euro while the Australian dollar retraced back below the 67 cent level. 10 year

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Thursday, January 11, 2024 - 08:36 Source

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Your Democracy Thursday, January 11, 2024 - 07:58 Source

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Cheeseburger Gothic Thursday, January 11, 2024 - 06:45 Source

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MacroBusiness Thursday, January 11, 2024 - 00:05 Source

Wednesday’s monthly CPI Print from the Australian Bureau of Statistics (ABS) came in softer than expectations at 4.3% in the year to November, down from 4.9% year-on-year in October and a recent peak of 8.4% year-on-year in December 2022. While goods deflation continued to be the driver of the lower inflation, the overall tone for

The post RBA can breathe easier on inflation appeared first on MacroBusiness.

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Renew Economy Wednesday, January 10, 2024 - 22:01 Source

aus-renewables--2048x1365.jpg

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Your Democracy Wednesday, January 10, 2024 - 19:37 Source

The Ukrainian Ministry of Defense says it has purchased 50,000 sets of women’s uniforms for the first time since the start of the conflict. The announcement by Defense Minister Rustem Umerov comes a day before an expected parliamentary vote on amendments to the law on mobilization.

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Cheeseburger Gothic Wednesday, January 10, 2024 - 18:32 Source

And the nothing I did was not getting a tattoo. Apparently, all the kids aren’t doing it now. At least according to this bit in the Graun.

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The Australian Independent Media Network Wednesday, January 10, 2024 - 18:16 Source

In my change today I received a new dollar coin and it had King Charles on it which is just fine. However, those communists in Canberra have him looking to the left when his mother always looked to the right. Obviously this is some left wing plot to suggest that we should all turn left……

The post Look What Those Marxists Have Done To Our Money!! appeared first on The AIM Network.

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MacroBusiness Wednesday, January 10, 2024 - 16:00 Source

Asian share markets are again mixed with only Japanese bourses advancing as local shares absorb the latest inflation figures while Chinese markets remain cautious in the wake of more property sector wobbles. A slightly stronger USD is not pushing the Australian dollar down however, which lifted on the November inflation print to remain above the

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Wednesday, January 10, 2024 - 15:35 Source

Germany wind

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Renew Economy Wednesday, January 10, 2024 - 15:25 Source

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