From the Market Ear: Shorts “While short interest in aggregate is somewhat low, that for the average (median) stock remains very high.” (DB) The shorty gap “The median short interest (inverted in chart below) is aligned with very low earnings growth, even as median company earnings growth rose into the double digits in Q3.” Cash
As another bruising year ends, Christmas offers a reminder that peace is not found in power, wealth or spectacle, but in inner integrity, humility and care for others.
In an exchange between Jesus and the crowd he asked: “what did you go out into the desert to look at?”
The bond market has turned uber-hawkish following Reserve Bank of Australia (RBA) governor Michele Bullock’s guidance on interest rates, where she ruled out further rate cuts and warned that rates may need to go higher to tame stubbornly high inflation. “I don’t think there are interest rate cuts in the horizon for the foreseeable future”,
Silver goes ga ga while oil prices remain in a slump despite the new trade blockade against Venezuela announced by the Trump regime as most Asian share markets are beginning to bounce back from a rough start to the trading week. The dual US NFP print overnight showed a slumping US labour market that gave
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The UK’s Chief of the Defence Staff, Air Chief Marshal Sir Richard Knighton, has claimed that the chances of a direct confrontation with Russian forces on UK soil are not “zero” – a speculation dismissed by Moscow as “nonsense.”
“Final step:” Marinus Link inks $1 billion contract for onshore construction works of undersea cable
Construction of $5 billion undersea cable project linking Tasmania and Victoria is all but good to go, with the execution of major works contract.
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The massive MacIntyre wind project is waiting for new turbine blades and wind parts as it continues its slow progress through commissioning.
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Snowy Hydro will be paid to operate its Tumut pumped hydro facilities as "syncons" to provide system strength to the grid. But we are not told how much.
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Regulator launches civil proceedings against NSW network operator over major blackout event that left thousands of customers without power for two weeks.
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Australia's largest transmission project is now 90 per cent complete, with more than 10 million work hours clocked up to date.
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The Westpac–Melbourne Institute Leading Index has been released, showing that Australia’s forward-looking economic momentum has slowed, with the six‑month annualised growth rate easing to +0.16% in November from +0.32% in October. While still positive, the index signals subdued growth over the next 3–9 months, reflecting share market volatility, weaker consumer expectations, and softening labour market
NSW abattoir wants to double the size of its solar array and add a battery in order to reduce its dependence on the grid at its peak consumption time in the afternoon.
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