https://www.youtube.com/watch?v=Vp7DR3bktLk
Col. Douglas Macgregor: Walking Away from the Ukraine War & Restoring Strategic Clarity
Anzac Day again, and war still ravages the world. Someday, peace will come.
DeepT and NG talk about the financial system implications of the Trump tariffs and whether for Australia these are inflationary or deflationary, and the likely response from the RBA. That leads into discussion of whether this can actually lead to more housing construction or rising house prices and the dynamics of that, while bringing
Local Reading: Eddie Obeid to keep $30 million made from corrupt coal licence deal – ABC Mental health experts concerned about Coalition plan to scrap workers’ right to disconnect – The Guardian Over five decades, here’s how voters have shifted away from the major parties – ABC When ‘equal’ does not mean ‘the same’: Liberals
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Westpac chief economist Luci Ellis published a note on the bank’s outlook for interest rates. Westpac believes that the Reserve Bank is certain to cut the official cash rate by 0.25% at its next monetary meeting on 20 May. Ellis notes that “uncertainty has escalated to a whole new level” following the Trump Administration’s trade
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Israeli strikes included the bombing of a school-turned-shelter, which killed 13, and the bombing of a children's hospital
Gaza’s Health Ministry said on Wednesday that Israeli attacks killed at least 38 Palestinians and wounded 105 over the previous 24-hour period as US-backed Israeli strikes pound targets across the Strip.
https://www.youtube.com/watch?v=n5L8jbRU5eE
Megyn Kelly Fires Back at George Clooney Claiming He's More of a Journalist Than She is
Risk markets are still in a positive mood generally speaking as they digest the possible weakening of Chinese tariffs but of course the Orange Mussolini is still a bit confused on what he wants to do at the granular level with more doublespeak during the session. Stocks are still fairly well bid while the USD
The post Macro Afternoon appeared first on MacroBusiness.
I have written about how the explosion in cafe numbers and rampant cost inflation have left the hospitality industry in a precarious position. When I moved to my suburb of Ashburton, Melbourne, in 2006, only a handful of cafes were operating on my local High Street shopping strip. Over the following 15 years, the number
The post $7 coffees will burst the cafe bubble appeared first on MacroBusiness.
Those iron ore jaws are looking tempting. May/June is a seasonally weak period for iron ore are well. There are early signs that the tariff smash is beginning to impact demand. Goldman. [US] Producers estimate that the negative impact on their exports (produced in China) has ranged up to a full stop in the volume
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