The latest US initial jobless claims number spiked overnight and combined with more senseless tariff threats from Trump including doubling down on China saw volatility hit Wall Street hard as all the post election gains were wiped out, taking European stocks lower as well. The USD is pushing back against the undollars with new daily
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European Commission President Ursula von der Leyen arrived in India on Thursday, aiming to strengthen commercial and diplomatic ties with the world's most populous country.
The Reserve Bank of Australia’s (RBA) 0.25% interest rate cut and expectations of more easing have delivered a strong rebound in Australian home prices, driven by Sydney and Melbourne. After declining for three consecutive months, Australian dwelling values recorded a 0.3% increase in dwelling values across the five major capital cities in February, with each
Ben is joined by Stewart Jackson and Andre Brett to discuss which seats might fall when the Labor vote in the WA state election recedes from the high levels reached in 2021, and how the minor parties might perform under the new Legislative Council electoral system.
The Market Ear with more. Fear mania CNN’s greed/fear index entered extreme fear yesterday. This much fear has mostly been followed by the market bouncing. Source: MacroMicro Bulls in hibernation Massive downtick in AAII bulls. Source: Refinitiv Bear mania Huge move higher in bears according to the latest AAII sentiment survey. Source: Refinitiv Imminent upside
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The Washington Post is revamping its opinion section to focus on American values, with an emphasis on “personal liberties” and “free markets,” the newspaper’s owner, Jeff Bezos, announced in an email to staff on Wednesday. The move has led to the resignation of opinion editor David Shipley and sparked debate among journalists and readers.
Bezos’ WaPo overhaul prompts key editor to quit
DXY is back on tariff talk. AUD was poleaxed on the same. Lead boots were made for sinking. Gold needs a bigger pullback. Oil needs to break down. Goldman has wrecked the world’s most important metal. Big miners into the pit. EM meh. Junk meh. Yields up. Stocks down. The Mad Man is back. Bloomberg.
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I read the definition of antisemitism adopted by Australian universities and my first thought was “we need a list”, not of what is considered antisemitic, but of what is not considered antisemetic. Now it would be helpful to have a prescriptive list of what one can say about Israel without being smeared as an antisemite.
Late last year, Charter Keck Cramer debunked the notion that rezoning Australian suburbs into high density will result in more affordable housing. Charter Keck Cramer noted that the rise in construction costs meant that established apartment prices needed to rise by 15% to make it financially viable for developers to build apartments. “Because building costs
By defending the UK’s draconian anti-protest laws, Labour is laying the ground for an authoritarian government.
By George Monbiot, published in the Guardian 22nd February 2025
If the Trump project implodes, it might take with it the far-right European parties to which it is umbilically connected. Like all such parties, Reform UK poses as patriotic while grovelling to foreign interests, and this could be its undoing.
“We have decided to offer Ukraine NATO membership. But it is also clear that we must all agree on it if it is to happen,” said Denmark’s Defense Minister Troels Lund Poulsen following the Ukraine Defense Contact Group meeting at NATO headquarters in Brussels on February 13.
