The Murdoch media, or Newscorpse as it is sometimes called, is notorious for lying to its readers and listeners, as I have demonstrated many times. Some examples are given in the sources below of bald-faced lies, lies by omission, complete inventions, spin and assorted other drivel1-30.
The organisation also is about denialism. It denies climate change31-39, Covid-1940-44,
Not counting Co2: “We know what is happening and what needs to be done. Only you know if we did it.”
Newlyn, Victoria AUD/USD EUR/USD GBP/USD USD/JPY Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 18 September 225 appeared first on MacroBusiness.
I hate clogging up people’s inboxes with junk email, which is why I post 99% of my nonsense directly to the web.
Apologies then for that last email about my Story Bible process for the World War series. Most people don’t care how the sausage gets made, they just wanna eat it.
In my defence, I had done a lunchtime workout and eaten a very large chicken curry and I was quite sleepy when I hit send, instead of publish.
Belinda Allen, CBA’s Head of Australian Economics, believes that the Reserve Bank of Australia (RBA) will only cut the official cash rate (OCR) once more in November, given the recent stronger run of economic data. This would take the OCR to 3.35%, which is close to CBA’s estimate of neutral. Market pricing has also shifted
The post Aussie rate cut hopes fade appeared first on MacroBusiness.
Iron is hovering in some restocking episode. Long steel products enjoyed a hoped-for infrastructure stimmies bounce. Flat keeps easing. CISA output rebounded in the first ten days of September. Mills are overproducing, with inventories up 5% in the period. More price falls ahead. Meanwhile, Chinese property will never bottom! Primary prices are down with too