The Market Ear with more. The bull is on ketamine Here are the craziest charts from the week that truly make us believe that bull is on serious drugs. OH MAN! (MSFT + AAPL + NVDA) Nvidia, Microsoft, and Apple now make up over 21% of the S&P 500, the highest weighting for any three
The post AI bubble reaches critical mass appeared first on MacroBusiness.
In the fast-evolving Communist self-censorship public forum of Australia, a man has broken ranks with the enforced media consensus. His name is Salvatore Babones, an American sociologist based at the University of Sydney. If being an American was not enough to invoke cancellation Article One, his arguments certainly are. Buried deep in an ashamed AFR is
Last week, we witnessed the seemingly extraordinary when the East Coast gas export cartel suddenly turned on itself, demanding the domestic reservation of Aussie gas. But was this really what it appeared to be? Or was it just more of the same corruption that has robbed Australians blind for over a decade? I will let
The post Santos needs to bribe the Grattan Institute appeared first on MacroBusiness.
I have some good news and bad news for you, if you’re an Aussie. First, the good news. Your biggest export, iron ore, is managing to hold up despite a crash in Chinese property of cosmic proportions. The bad news? It is killing the planet at record speed. You’ve probably read lots of headlines about
The post Iron ore boom relies on death of the planet appeared first on MacroBusiness.
We now have a quiet period following the federal election and the Tasmanian election, and I’m using it as an opportunity to complete my election guides for the elections next in the queue.
The South Australian election guide has already been published for some time, but today I’ve published my Victorian election guide.
The Victorian election will be held in November 2026, so that is 15 months from now.
Friday night saw the release of the latest US retail sales numbers with import prices spiking and consumer inflation expectations rising again, getting traders further worried on Wall Street. The USD was on the ropes against all the majors, with oil prices also pushed slightly lower after stalling all week while Treasuries where sold off
The post Macro Morning appeared first on MacroBusiness.
The Australian Bureau of Statistics (ABS) claims that international education is Australia’s fourth largest export, earning the country $51 billion in 2023–24. The ABS calculates this fantastical education “export” figure by summing expenditure by student visa holders on tuition fees and goods and services. In 2024-25, the ABS estimated that $30.2 billion was spent by
Ukraine’s Vladimir Zelensky and several Western European leaders are due in Washington on Monday for talks with US President Donald Trump.
On March 4, 2018, Sergei Skripal, a 66-year-old former Russian intelligence officer turned British defector was allegedly poisoned with Novichok nerve agent in Salisbury, England, along with his 33-year-old daughter Yulia.
The Trump-Putin encounter in Anchorage has angered some, disappointed others and baffled many more. Yet it has told us much about the state of the war in Ukraine, and the obstacles to the ending of hostilities.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
The Republican budget measure that U.S. President Donald Trump signed into law ... contains a provision that analysts say will allow private jet owners to write off the full cost of their aircraft in the first year of purchase, a boon to the ultra-rich that comes as millions of people are set to lose healthcare under the same legislation.
