Renew Economy
Thursday, July 10, 2025 - 17:04
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MacroBusiness
Thursday, July 10, 2025 - 16:00
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Most Asian share markets are mixed despite a solid lead from Wall Street overnight, with local stocks taking back their recent losses despite the constant bullying from the Trump regime’s tariffs on pharmaceuticals. There’s more tariff announcements and letter printing on the way, but of course we still await the TACO trade. Oil markets are The post Macro Afternoon appeared first on MacroBusiness. |
George Monbiot
Thursday, July 10, 2025 - 15:55
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Without resistance, a combination of new laws and new technologies of control will rush us towards dystopia. By George Monbiot, published in the Guardian 4th July 2025 No one can be trusted with power. Any government will oppress its people if not constantly and inventively challenged. And the task becomes ever-more urgent as new technologies of surveillance and control are developed. |
Renew Economy
Thursday, July 10, 2025 - 15:33
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Renew Economy
Thursday, July 10, 2025 - 14:32
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MacroBusiness
Thursday, July 10, 2025 - 14:00
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This is why. The Guardian. The West Australian Labor premier, Roger Cook, has encouraged his federal counterparts to consider a gas reserve on the east coast as it mulls a regulatory overhaul to shore up supply and contain prices. Cook said WA’s gas reservation policy, which requires offshore producers set aside 15% of supplies for The post Energy superidiot on course for Gasmageddon appeared first on MacroBusiness. |
Renew Economy
Thursday, July 10, 2025 - 13:48
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MacroBusiness
Thursday, July 10, 2025 - 13:30
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The Reserve Bank of New Zealand paused following the RBA this week. The decision was expected. ANZ sees it as temporary. Our view on today’s decision was that the recent soft data justified another 25bp OCR cut, but that lingering concerns about upside inflation risks would on balance see the Committee decide to hold the The post Reserve Bank to resume cutting interest rates appeared first on MacroBusiness. |
Renew Economy
Thursday, July 10, 2025 - 13:10
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MacroBusiness
Thursday, July 10, 2025 - 13:00
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Ferrous markets are hoping against hope! Nomura has a great assessment of the Chinese economy. It seems like “déjà vu all over again” for China’s economy. During the past few years, we have observed first halves associated with optimistic expectations for a sustained stock market boom, a decent growth recovery, an end to the property The post Iron ore enters the dragon’s den appeared first on MacroBusiness. |
MacroBusiness
Thursday, July 10, 2025 - 12:30
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Since the international borders reopened following the pandemic, a sizable proportion of Australia’s growth has stemmed from two sources: exports and government spending. Given the impact of the war in Ukraine on commodity prices, it’s self-evident that exports would play a major role in the growth of the economy. But there is a surprising factor The post International students make fake growth appeared first on MacroBusiness. |
MacroBusiness
Thursday, July 10, 2025 - 12:05
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Tesla has finally, sort of, launched driverless cars. Waymo is doing 250,000 trips per week. Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look at the big picture for driverless cars and what they mean for investors. Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. The post MB Fund Podcast: Are Driverless Cars Finally Ready? appeared first on MacroBusiness. |
MacroBusiness
Thursday, July 10, 2025 - 12:00
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Recently the topic of the total proportion of the population made up by migrants has been making headlines in the United States, Britain and parts of Europe. This prompted quite the level of conversation on social media, so I thought it would be interesting to see where Australia stands both relative to itself historically and The post Australia’s massive migration driven demographic shift appeared first on MacroBusiness. |
Renew Economy
Thursday, July 10, 2025 - 11:40
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MacroBusiness
Thursday, July 10, 2025 - 11:30
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Goldman with the note. Price data through May provide preliminary evidence on how tariff costs are being divided among foreign exporters, US businesses, and US consumers. Foreign exporters might absorb some of the costs by lowering their export prices to the US, which would show up as lower US import prices. Although aggregate US import The post How much inflation follows tariffs? appeared first on MacroBusiness. |
Renew Economy
Thursday, July 10, 2025 - 11:25
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Renew Economy
Thursday, July 10, 2025 - 11:19
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MacroBusiness
Thursday, July 10, 2025 - 11:00
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What a goose Albo is. He’s put Rudd in Washington to torpedo ANZUS and then used that as an excuse to cuddle up to Beijing. But the bill is coming due. A Trump administration review of the $368 billion AUKUS pact could see the US demand Australia pay more for submarines, The Sydney Morning Herald The post As Albo grovels in Beijing, Washington sends the bill appeared first on MacroBusiness. |
MacroBusiness
Thursday, July 10, 2025 - 10:30
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The Market Ear with more. Negative asymmetry for equities near-term Goldman’s macro strategists are not buying the summer melt-up thesis and are sounding more cautious than in a while. “We are tactically neutral in our asset allocation (OW cash, N equities/credit/bonds, UW commodities). We still expect a worsening growth/inflation mix in 2H and elevated risk The post Bad news is good news again. Or is it? appeared first on MacroBusiness. |
MacroBusiness
Thursday, July 10, 2025 - 10:00
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This is the ship of fools that nearly cut rates 50bps in May, then didn’t cut at all in the following meeting despite an economy that had clearly deteriorated. Chair Michele Bullock is not a macroeconomist. Deputy chair Andrew Hauser is a macroeconomist Marnie Baker AM is not a macroeconomist. Renée Fry-McKibbin is a macroeconomist. The post The RBA Board’s ship of unqualified fools appeared first on MacroBusiness. |
Renew Economy
Thursday, July 10, 2025 - 09:46
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MacroBusiness
Thursday, July 10, 2025 - 09:30
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DXY is trying to rally. AUD has flamed out despite RBA’s inept monetary policy. Lead boots are going downhill again. Gold is shaky, oil stupid. The copper chaos intensifies. Miners meh. EM meh. Junk up. With yields down. A stalled EUR is rescuing stocks. UBS captures the moment. British pop group Bucks Fizz gained international The post Australian dollar run over as Bullock drives backwards appeared first on MacroBusiness. |
MacroBusiness
Thursday, July 10, 2025 - 09:00
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Overnight saw Wall Street rebound on the back of tech stocks with NVIDIA leading the way while broader industrials were dragged along amid the tariff chaos. Its becoming increasingly clear the Trump regime is using the tariff mechanism to browbeat, bully and extort trading “partners” not due to trade imbalances (real or imagined) but as The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Thursday, July 10, 2025 - 08:55
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"Dulce et decorum est pro patria mori'* Is all very well, but I think that before I Would try it, I'd rather the maxim were amended Thus-'Patriots are more useful living than when dead.'
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Your Democracy
Thursday, July 10, 2025 - 07:16
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In deciding to hold off on another interest rate cut, the Reserve Bank’s board appears to be waiting to find out what the past was like. Michael Pascoe reports. I don’t know where to begin with six of the nine RBA board members, the ones who want to wait for another meeting so they can consider what the Bureau of Stats (ABS) will tell them was happening some three months ago. They have no grasp of the present, so forget about the future. |
Your Democracy
Thursday, July 10, 2025 - 06:52
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Australia is facing the prospect of a Trump administration review demanding it pay more for submarines under the $368 billion AUKUS pact and guarantee the boats support the US in a conflict over Taiwan. Sources familiar with the review by Trump’s Undersecretary of Defence, Elbridge Colby, believe he intends to urge major changes to the program before Australia can get the nuclear submarines it has been promised. |
Your Democracy
Thursday, July 10, 2025 - 05:55
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Amid rising global instability, Washington’s aggressive pursuit of nuclear and geopolitical dominance threatens the foundation of multipolarity—and China knows it.
Washington Warns Beijing and Its Partners: “The Bomb Will Not Save Multipolarity” Lama El Horr
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Renew Economy
Thursday, July 10, 2025 - 03:23
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Your Democracy
Wednesday, July 9, 2025 - 21:18
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When Russia recognized the Islamic Emirate of Afghanistan last week, it didn’t just open a new embassy – it opened a new geopolitical front. For the first time since the Taliban’s return to power in 2021, a major world player has gone beyond informal contacts and embraced Kabul’s de facto rulers as legitimate partners. |
Renew Economy
Wednesday, July 9, 2025 - 17:30
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