In the first poll after his inauguration, from YouGov, U.S. President Trump held a surprisingly strong level of net approval among Americans aged 18 to 29. Of all the age demographics assessed, 18 to 29, 30 to 44, 45 to 64 and 65+, Trump held his second-highest net approval rating in the 18 to 29
The post Trump’s support implodes with the young appeared first on MacroBusiness.
I bumped into a quote by Frank Zappa on Sunday. It was: “The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theatre”1.
The great Chinese property crash is, once again, worsening. It’s another banner year for lost hope. Sentiment disappears. Far-flung cities are the most troubled. Completions are going the way of all flesh. The Chinese consumer is deleveraging. Talk of rebalancing towards consumption at this point is a joke.
The post Chinese property down, down and down appeared first on MacroBusiness.
The Australian Bureau of Statistics (ABS) has released the wage price index for the September quarter of 2025, which reported a quarterly increase of 0.8% and an annual increase of 3.4%: The outcome aligned with the Reserve Bank of Australia’s (RBA) and market expectations, posing no significant policy implications. The following chart shows that public
Victoria has legislated a target to source 95% of its electricity from renewable energy by 2035. This is one of the most ambitious renewable energy goals in Australia and globally, designed to accelerate the state’s transition away from cheap brown coal and toward cleaner energy sources, such as wind, solar, and storage. The target is
Who would want to be a traditional ‘bricks and mortar’ retailer in Australia? Not only are they facing an explosion of shoplifting and theft, especially in Victoria, as well as soaring rental and energy costs, but they are also facing surging competition from online behemoths that offer unparalleled prices and convenience, rapidly stealing market share.
Taking a fun look back at 2025 are The Cheap Seats hosts Melanie Bracewell and Tim McDonald. Joining in on the action are Mel Tracina, Prime Minister Anthony Albanese and special guest Nevaeh-Lea Benton...
The Cheap Seats - S5 Ep. 30M | ComedyAir Date: Tue 18 Nov 2025
The ferrous jaws are still yawning wide. In the news, that other African mine is now complete. Algerian President Abdelmadjid Tebboune, during the Council of Ministers meeting he presided over on Sunday, ordered the launch of the exploitation of iron ore extracted from the Gara Djebilet mine starting in the first quarter of 2026. The
The post Green steel to nowhere appeared first on MacroBusiness.
Australian manufacturers offered $50 million to boost local production in midst of home battery boom
There was a time when I thought more women in power would make a positive difference. After all, they are the caring sex, and it was my thought that that might be expressed through greater concentration on the long-term collective benefit. The naivety of this thinking is more than idle. It is a window into
The post The disgraceful leadership women of Australia appeared first on MacroBusiness.
The Market Ear has more. Not calm VVIX at 125 and VIX at 25 is not calm markets. Noteworthy is that the VVIX/VIX gap stays wide. Source: LSEG Workspace Put love is back Put call ratio exploding to the upside as the crowd never buys protection when they can, but when they must… Source: Tradingview
The post Fear is back appeared first on MacroBusiness.
The Susan Ley-led opposition has promised that a future Coalition government would run a ‘smaller’ immigration program that is around 100,000 below current extreme levels and basically the same as excessive pre-pandemic levels: The Coalition will position the cut as a way to ease the pressure on housing, infrastructure, schools and health care, as some
Hunkered down in Canberra after 11 November with the ‘caretaker’ conditions imposed by the Governor-General on Malcolm Fraser, there was a sense of unreality and nagging doubt about the future. The political and social fabric of trust had been torn. Would it keep tearing?