Blogotariat

Despite the headlines on Sunday morning, it seems that the vast majority of the attendees at Mardi Gras last weekend were in fact ‘feeling the love’ police said the overall behaviour of 120,000 spectators and 12,500 participants on Saturday night was “pleasing”. There were no major incidents other than the arrest of the seven men…

The post The biggest loser appeared first on The AIM Network.

Bank economists had tipped that the Australian economy would narrowly avoid a contraction in GDP when the Q4 national accounts are released on Wednesday. Most economists tipped that the economy would grow by 0.2% to 0.3% over Q4, with per capita growth contracting for a fourth consecutive quarter. The Q4 business indicators data released on

The post Aussie recession odds jump appeared first on MacroBusiness.

By James Moore   Anyone who knows the Texas and Mexico border in any manner even approaching familiarity, would have laughed in D. Trump’s face during his news conference at Eagle Pass. Technically, there was nothing news worthy about his appearance on the banks of the Rio Grande and he did not answer questions. Instead, he…

The post The Borderlord: Chapter Two appeared first on The AIM Network.

Australia's total emissions have essentially stopped falling. If this trend continues, it'll take until the year 2207 to reach zero emissions.

This is the most maddening observation of energy trade worldwide. The East Coast Gas Cartel still has local prices sitting 10-20% above export netback prices to Europe and Asia: This is playing a key role in keeping electricity prices around 80% higher than they should be on a quarterly moving average basis: Meanwhile, China doesn’t

The post China and Japan re-export Aussie gas as they whinge appeared first on MacroBusiness.

I’ve been thinking for a while of publishing a regular newsletter which would have a bit of a different style to my usual blog posts, where I can discuss topics I’ve found interesting recently.

For the last month I’ve started publishing such a newsletter via Patreon. This week’s newsletter went up earlier today and it includes my thoughts on the spin game around the Dunkley results. Each newsletter also gives me a chance to write a bit on stuff I’ve been reading recently.

Or it’s the saddest bubble I can remember. The Market Ear with more. Right back to where we started “In the end, I wound up right back where I started. I could still pick winners, and I could still make money for all kinds of people back home. And why mess up a good thing.”

The post That’s not a bubble! appeared first on MacroBusiness.

Hell hath no fury like an idiot Mainstaim Meda (iMSM) scorned: The current state of the iMSM is horrible: Nine’s metropolitans are centrist loss leaders for real estate sales. Nine’s AFR is the nation’s leading vested interest whore for hire. Murdoch’s The Australian is a culture war propagandist for the (anti-woke) fake right. The Guardian

The post Bonfire of the idiot Mainstream Media appeared first on MacroBusiness.

Friday night saw a fall in bond yields and the USD in the wake of a softer than expected consumer confidence and ISM manufacturing print in the US, but this didn’t stop equities all across the complex pushing to new record highs. Wall Street zoomed higher alongside European stocks with the weakening USD giving the

The post Macro Morning appeared first on MacroBusiness.

Mike Burgess is being an ass: China’s leading spy agency has been revealed as the organisation behind the sustained targeting of Australians detailed by the nation’s spy chief in his annual threat assessment. In an exclusive interview with this masthead and 60 Minutes, ASIO Director General Mike Burgess has separately hit back at calls for

The post ASIO betrays Australia appeared first on MacroBusiness.

Westpac’s credit card index is a decent leading indicator for consumption. The Westpac Card Tracker Index* has softened slightly over the second half of February, easing to 127.8 over the week ended February 24 from 128.5 in the second week of the month. That is a firmer level compared to the weakness seen through Nov-Jan, which averaged

The post Taylor Swift a bust for consumption appeared first on MacroBusiness.

The IEA released its annual CO2 data for 2023 last Friday. The news is not all bad with some tailing off in the trend: However, DM efforts are not yet offsetting EM surges, most notably in China: The landscape of emissions continues to change. China’s total CO2 emissions exceeded those of the advanced economies combined

The post China is cooking the planet appeared first on MacroBusiness.