The first rant I ever posted on this blog all the way back in early 2017 was entitled Gun Nuts and it referred to data from 2013 on general gun deaths in the US. At that time 33,534 people were killed by guns, at a rate of 10.35 per 100,000 people. In Australia in the same year 225 people were killed by guns, at a rate of 0.94 per 100,000 people1.
AUD/USD EUR/USD USD/JPY GBP/USD Gold West Texas Intermediate Brent ASX200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 3 December 2025 appeared first on MacroBusiness.
The conversation between Russian President Vladimir Putin and US President Donald Trump’s envoy Steve Witkoff was constructive, very useful, and substantive, according to Russian Presidential aide, Yuri Ushakov.
He made the comment after five hours of talks between the Russian president, his envoy Kirill Dmitriev, and US President Donald Trump’s special envoy Steve Wtikoff which fininshed after midnight local time.
Only in Australia would an iconic infrastructure company double as a corruption cesspit. Snowy Hydro is a kind of Canberra plaything; a dirty quango without values or direction. It pisses money away like rain on the mountainside, employs proven energy wreckers, and adds tens of billions of unnecessary costs to the energy transition. Let’s take
In one of her first interviews as New South Wales Opposition Leader, Liberal MP Kellie Sloane was quizzed on the issue of migration on Sky News: Interviewer “Do you believe we need a cut to migration?” Sloane: “Well, I think we need to make sure that migration intake is balanced with our ability to provide
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Down she goes, and where she stops nobody knows. Sales drowning. Year to date sinking. Inventory bouyant. Completions taking on water. Some of this is the recently banned data. It is not clear if the data remains are available to subscribers. Meanwhile, the reason for the ban is going to the bottom like a holed
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Right, okay, that’s it. I’m a pencil punk writer now. Woke up to discover the broadband was out this morning. Some big network kerfuffle at Optus. Big enough for them to have changed their recorded message…
“Yeah yeah we know we’re on it, sheesh!”
Decided that if was going to slow down, again, I’d slow all the way down. So I hauled out my e-ink tab and scratchy stylus and got to writing the next 3.3 chapter out long hand.
We’ll see what happens next I guess.
The Market Ear. It doesn’t matter… …until it matters. Note the latest short term gap between the US 10 year (inverted) and SPX. We saw a similar early gap form between the two in late October, before SPX “joined” the move. Source: LSEG Workspace Once again? In late October we saw the 10-year pick up
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The Australian Bureau of Statistics (ABS) has released the Q3 2025 national accounts, which reported a 0.4% rise in headline GDP over the quarter and a 2.1% rise through the year. The result disappointed analysts’ expectations, which had tipped a quarterly rise in GDP of 0.7% and an annual increase of 2.2%. The result was
In mid-2023, just as Australia’s net overseas migration was ramping up toward record levels, the mouthpiece of big business, The AFR Chanticleer, proclaimed that Australian businesses were “licking their lips” at the prospect of higher migration, “with few doubting that a bigger Australia is better”. “It is boosting retailers’ sales, increasing landlords’ ability to collect
The Australian Bureau of Statistics (ABS) released dwelling approvals statistics for October, reporting 15,844 trend approvals, down 0.6% from September. Approvals in October were 4,168 (21%) behind the National Housing Accord’s five-year target of 20,000 dwellings per month. In the year to October, 192,100 dwellings were approved for construction, which was 47,900 (20%) fewer than