I just realised that the title could be a little ambiguous. It could mean that I’m confused by strange things as well as Peter Dutton. Or it could mean that I’m confused by strange things, of which the main one is Peter Dutton. Whatever, I suspect that all thinking people will know exactly what I…
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I finished watching the first season last night, and, oh my word, it was good. There seemed to be a few peeps following it so I thought we might like to get together for a drink and chat in the near future. I don’t have a date in mind yet, and I’m going under the knife this Friday for a little melanomapalooza, so this weekend is out. But let me know what you think.
Guarded optimism across Asian stock markets as risk absorbs another weekend of macro volatility and shifts in interest rate speculation as the ECB possibly moves more dovish than the Fed. Earnings season may stall any recovery if the inflationary mood in the US continues with bond markets looking to pull back on yields slightly on
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Crossbench senators Jacqui Lambie and David Pocock have asked the Parliamentary Budget Office (PBO) to cost options for possible changes to negative gearing. Senator Lambie claims negative gearing is part of Australia’s housing affordability problem. All the options that the PBO was asked to look at were ‘grandfathered’ so that existing property investors would be
Nowhere near big enough to offset the great construction crash. Double blow to Aussie iron ore here. Less steel, and we don’t have much high grade direct injection iron ore. Though there is potential in SA.
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New research from NAB forecasts that Australia’s productivity will slump to its lowest level in more than 70 years, crimping real wage growth. NAB expects Australia’s productivity growth to decline to just 0.5% per annum, down from an average of 1.2% per year in the decade before the pandemic. “With the tailwind from mining likely
The always repulsive Ronald Mizen has a crack at Jim “Chicken” Chalmers today: Leading economists have dismissed Treasurer Jim Chalmers’ downbeat assessment of the global economy, citing recent upgrades in growth and warning that it should not be used to justify inflation-boosting spending. On Monday, Dr Chalmers signalled more cost-of-living support in next month’s budget
Finally, an economist outside of MB has cottoned onto what is happening. Jason Murphy at Yahoo. The actual number of job applications per job ad is a trade secret so the movement of the red line is what matters. What is important is the rate of applications per ad has nearly tripled since 2022. That speaks of
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DXY is still firm: AUD bounced off the hammer candle: North Asia is caput: Brent is trying to hold. Gold puked: Other commods paused: Miners meh: EM yawn: Junk is back. Good for equities: Yields soothed: Stocks bounced: Korean March exports are showing a steady global industry lift is underway. Goldman: Total 20-day exports during
By Roger Chao Not in my name In this quiet hour, I summon words, a humble man amidst shadows long, To speak of wounds not my own, to voice a plea so loud and strong. For streets that haunt with harried silence, for whispers in the dark, For the women who carry nightmares in the…
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