One of the most volatile trading week’s has come and gone but all the signs remain that volatility is here to stay with weekend news that the “Art of the Deal” maker has already given up his key Trump card by exempting Chinese computers and smart phones from the 145% tariff slaps, while China is
The post Macro Morning appeared first on MacroBusiness.
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 Q4 2024 national accounts from the Australian Bureau of Statistics (ABS) showed that households were stuck in a recession. Real per capita household consumption fell for a record eighth consecutive quarter. This followed a record 8% drop in real per capita household disposable income. CBA has released its Household Spending Insights (HSI) for March,
A new four-lane highway cutting through tens of thousands of acres of protected Amazon rainforest is being built for the COP30 climate summit in the Brazilian city of Belém.
It aims to ease traffic to the city, which will host more than 50,000 people - including world leaders - at the conference in November.
There were very few cicadas around this year... No Greengocers, but some of these highly decorated types, strangely quieter — unless the pitch of their call was too high to be heard.... I will try to identify.
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
Gus Leonisky
Washington: Australia has been warned Donald Trump’s tariffs could push up the cost of submarines due to be acquired under the AUKUS defence pact, as Trump tasks Elon Musk’s team with improving the US capacity to build the boats.
The Albanese government is primed to win the upcoming federal election, with all recent opinion polls showing them leading the Coalition on a two-party preferred basis. House prices will undoubtedly skyrocket following the election of a second-term Labor government. First, the latest interest rate predictions from the futures market tip that Australia’s official cash rate
President Donald Trump has prolonged US sanctions on Russia for another year, based on the supposition that Moscow still poses a serious threat to the country’s national security.
Thanks to James Wimberley for prompting me to write this, and alerting me to the data on China’s emissions
Most of the news these days is bad, and that’s true of the climate. Even as climatic disasters worsen, the Trump regime is doing its best to dismantle US and global efforts to decarbonize our energy systems. But there is still some surprisingly good news.
Advice for homebuyers and citizens: housing guarantee schemes deserve your derisive laughter, whoever backs them.
A young woman who I have known for many years messaged me yesterday to ask a question. She and her partner have been saving hard for a year or so, and were planning to save for a few years more. This a pattern that millions of Australians have followed over the past two hundred years, and it has generally worked well.
FT Alphaville wraps up the sell-side views on tariffs. This was the week when the tariff tantrum morphed into something much more serious. Analysts and investors are now openly questioning whether the US can keep its position at the apex of global finance. Alphaville has raided our inbox for some of the more eye-catching bits
The post Uninvestible appeared first on MacroBusiness.
Imagine living in a world where every worker contributed the same amount, every problem was equally important, and every product was equally popular with users. Planning would be so simple. In reality, however, the distribution is quite skewed. In most people’s everyday routines, low-impact chores hijack a lot of their day.