From the Market Ear: Here we go SPX trading below trend channel lows for the first time since the latest bull started. Note we are below the 21 day. 50 day comes in at 6600 (futures). We outlined the fading momentum earlier this week, but first let’s see how this closes today. NASDAQ technicals NASDAQ
As he boarded the night train to Ukraine, Boris Johnson had the usual entourage of aides and bodyguards – plus the man who had given him £1m.
The Queensland government has significantly undermined the Albanese government’s ambitious 62% to 70% emissions reduction target by 2035 by extending the lifespan of the state’s coal-fired generation until the mid-2040s or later. Queensland Treasurer and Energy Minister David Janetzki released the Liberal National Party government’s five-year energy road map on Friday. It called for the
There is justice in the world, after all. Santos’ GLNG gas export venture in Queensland is emerging as likely to be the biggest casualty in the reforms expected from Labor’s review of the east coast gas market rules, with one analyst estimating it could face a hit of up to several hundred million dollars a
The post Will killing Santos fix gas? appeared first on MacroBusiness.
As the debate over the impact of international students continues, the number of myths being repeated continues to grow, particularly on social media. So, rather than getting bogged down with directly addressing various narratives or making commentary on the various issues, today, the data will be doing all the talking. International Students and Housing Back
In an address to the National Press Club, BlueScope CEO Mark Vassella warned that Australia risks following the United Kingdom’s industrial decline if the federal government fails to fix the gas market. Vassella and other industry leaders say that without cheaper gas, the federal government’s Future Made in Australia policy is doomed, and Australia will
As part of my efforts to prepare election guides for all of the upcoming elections, I have now published a guide to the 2027 NSW state election. While that election is still almost a year and a half away, the lack of redistributions in NSW (and Victoria) has allowed me to prepare guides for those elections a long way out.
Wall Street was sent significantly lower on Friday night as the Trump regime was played again by the Chinese in the ongoing trade war, with another TACO trade brewing. After glowing up all week the NASDAQ fell back nearly 4% while the USD fell back against nearly everything and US Treasury yields retreated alongside oil
The post Macro Morning appeared first on MacroBusiness.
The Trump Always Chickens Out (TACO) trade is on this morning after some mollifying words overnight. President Donald Trump’s administration signaled openness Sunday to a deal with China to quell fresh trade tensions while also warning that recent export controls announced by Beijing were a major barrier to talks. Vice President JD Vance called on
In March 2023, the Australian Academy of the Humanities sounded the alarm on the decline in our understanding and knowledge of China through a report on “ Australia’s China Knowledge Capability”.
Labor looks like becoming the “natural party of government”, but in doing so, it is abandoning its traditional role as the party of initiative. In this post, I’ll discuss the first of these points
Labor as the natural party of government
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.