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MacroBusiness Thursday, July 24, 2025 - 09:00 Source

Everything is awesome for stock markets as Wall Street pushed through more record highs as earnings surprised to the upside for everyone, except Tesla! The Japan-US trade deal buoyed spirits even if the details actually outweigh the headline 15% tariff rate, but its making the Trumpists happy as they pivot towards similar bullying against the

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Thursday, July 24, 2025 - 08:00 Source

DXY is getting belted again as trade deals flow in. They don’t look great to me, but must be less severe than the market expected. AUD scorched to a new high. The big short is working wonders. Lead boots jumped. Gold is skeptical of DXY. Oil is where it should be. Lol, copper. Could copper

The post Australian dollar rocket scorches to new high appeared first on MacroBusiness.

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Your Democracy Thursday, July 24, 2025 - 07:21 Source

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Your Democracy Thursday, July 24, 2025 - 06:47 Source

French President Emmanuel Macron’s approval rating has dropped below 20% for the first time since taking office, as criticism mounts over rising defense spending and cuts to social programs. Prime Minister Francois Bayrou also performed poorly in the same poll, with the two forming the most unpopular executive pair of the Fifth Republic.

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Your Democracy Thursday, July 24, 2025 - 06:00 Source

 

In an age where every celebrity meltdown or presidential tantrum is livestreamed, where partisan jabs flood timelines within seconds, and where outrage is algorithmically amplified to viral proportions, one might assume that the most heinous crimes – especially those committed against the most vulnerable – would dominate media discourse.

Yet the opposite is true.

 

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Your Democracy Thursday, July 24, 2025 - 05:44 Source

There was a time when Australian writings on China were first-class._

C.P. Fitzgerald’s classic, for example, ‘The Birth of Communist China’ gave us a unbiassed insight to the factors that propelled the Communist forces to their 1949 victory.

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MacroBusiness Thursday, July 24, 2025 - 00:05 Source

Jobs and Skills Australia (JSA) has expressed concern that the nation’s universities are not producing graduates who have the skills that employers need. JSA commissioner Barney Glover says the organisation’s research has found that this is problem with engineering and IT graduates in particular. He notes that employers consider that up to 90% of graduates

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MacroBusiness Wednesday, July 23, 2025 - 16:00 Source

A better mood on Asian share markets today bolstered by the new US-Japan “deal” which sent Japanese stocks more than 2% higher but has resulted in pushback from US car makers due to the details surrounding metal tariffs. Watch out for a possible reversal later tonight on Twitter! The BOJ will have its hands full

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Wednesday, July 23, 2025 - 15:20 Source

The House Appropriations Committee voted Tuesday to rename the Kennedy Center Opera House after first lady Melania Trump, approving an amendment by Rep. Mike Simpson (R‑ID) as part of the fiscal year 2026 Interior, Environment and Related Agencies Appropriations Bill.

 

Kennedy Center Opera House One Step Closer to Becoming ‘Melania Trump Opera House’

 

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