In 25 years, Russia rose from the ruins of the '90s to a global power with a $6.94 trillion economy.
"We set a goal to become one of the world’s top four economies. And by the way, according to some data — including assessments by the World Bank — just last week they released updated figures placing Russia in fourth place. We’ve now moved ahead of Japan."
Propaganda is maddening in its resistance to all truth. The Australian. New sources of gas that have been earmarked to fix a looming east coast shortfall will not be ready in time and cost just as much as imported LNG, a report from Rystad Energy on behalf of gas pipeline operator Jemena has concluded. …But
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Gone are the days of iron ore’s Pavlovian response to China yawnulus. In days of yore, the following would have sent iron ore nuts. BofA. ThePBOC, NFRA and CSRC jointly announced a raft of monetary, consumption, capital market, and property measures to stimulate the economy. In terms of 1) monetary easing–PBOC will cut the RRR
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Goldman’s excellent Andrew Boak is still on point. Australia’s recent CPI data showed that core inflation is now tracking well within the RBA’s 2-3% target band, with six-month annualised growth in the trimmed-mean measure decelerating 25bps to 2.5%. Compositionally, a range of wage-sensitive services items showed significant disinflation, offsetting stickiness in some government-linked administered prices.
Twitter (X) user Oliver in WA posted the following stunning chart showing how Australians are heavily overweight in housing (4.5 times GDP) compared to other English-speaking nations. The same can be said about Australians’ mortgage debts, which are among the highest in the world when measured against incomes or GDP. The following chart from Justin
We have a checklist for you. Unpack easy‑to‑implement strategies—salary sacrifice, after‑tax contributions, spouse splits, recontribution tactics, and timing moves before 30 June—to help you keep more of what you earn while boosting your retirement balance. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, as we decode all these for you.
Alex Joiner, chief economist at IFM Investors, published the following chart showing the structural decline in private demand over the past decade, offset by the surge in public demand. Joiner’s chart paints a picture of a ‘lost decade’ for the private sector economy. Indeed, population growth averaged 1.5% over the past decade, implying per capita
The Market Ear on the stocks stall. Boring for longer? VIX seasonality has been a bit delayed this year, but it looks like things will be boring for some longer… Source: Vixcentral Put hate is back The crowd tends to love puts at local market lows, and hate puts at local market highs. Source: Tradingview
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