Perfection prevails NDX continues trading inside the perfect trend channel that has been in place since May. Buying the 21 day remains a simple but profitable strategy. We are here Nothing new, but NDX seasonality from here is very strong. SPX +7300 SPX is +14%YTD. Goldman’s Garrett points out: “Only 4 other instances where SPX
The post FOMO Mania Meets AI Nuclear Fever appeared first on MacroBusiness.
Real per capita household disposable income is considered the most reliable indicator of individual living standards. According to OECD data, Australia recorded the slowest increase in real per capita household disposable income among major English-speaking countries over the decade ending in the March quarter of 2025. Australia’s real per capita household disposable income increased by
The current European nonentities have replaced titans—flawed, perhaps, but figures with gravitas, charisma, and historical will. There was Merkel, who could take a punch; Macron, young and with the ambitions of a new Napoleon; and even Johnson with his chaotic but distinct style
The EU’s House of Cards: How Talentless Pygmalions Are Molding a World Out of Nothingness
George Orwell completed his most famous novel 1984 in 1948, shortly before his early death at 46. A few years earlier, in a remarkable short 1945 essay, Orwell foresaw a future world order overseen by America, Russia and China.
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 Church of England has appointed its first female Archbishop of Canterbury, ending 1,400 years of male leadership. Former top British nurse, Sarah Mullally, was installed as the confession’s highest-ranking clergy by a church synod on Friday.
Last week was an unmitigated disaster for Australian housing affordability. On Tuesday, the Australian Bureau of Statistics (ABS) released data on dwelling approvals, which showed that the number of homes approved for construction is falling badly behind the government’s target to build 1.2 million homes over five years, which requires 240,000 homes to be built
Rupert Murdoch built more than a media empire. He built a cathedral of grievance where facts die on the altar and paranoia pays the rent. [...]
By Trent Saunders, economist at CBA The RBA left the cash rate on hold at 3.60%, as expected, but the accompanying statement carried a more hawkish tone. We crystallised some of the upside risk to inflation in our forecasts this week, upgrading our estimate for trimmed-mean inflation in Q3 from 0.7% to 0.8%/qtr. This uplift
The post The economic week ahead appeared first on MacroBusiness.
As a private citizen, I have long sought to understand how finance has imposed its influence on the States themselves. I discovered, by consulting the most eminent economists, that the answer, far from being complicated, is quite simple, as described by Michael Hudson, an American economist, considered by his peers to be one of the greatest in the world....
Monetary power and public debt
Given his behaviour, it could very well be that the president of the United States is going nuts.
Civilisation is under attack from Australian doctors, warns pro-Israel psychiatrist Doron Samuell. Royal Children’s Hospital agrees. Wendy Bacon and Stephanie Tran investigate.
Before and during the First World War, members of the German armed forces had sworn an oath of allegiance to the Kaiser. This changed after Germany’s defeat, and the establishment of a democratic Weimar Republic. Not only did the political leaders of the new Weimar Republic seek to democratise the military by changing its social makeup but also by changing the oath of allegiance. The new oath required soldiers to swear loyalty to the Constitution and its institutions, rather than to any individual.