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MacroBusiness Tuesday, November 18, 2025 - 09:00 Source

Its been a very cautious start to the trading week with more selling but not quite dumping on Wall Street overnight with a parallel selloff in Bitcoin not helping. The run back to USD continues even though without any key economic indicators being published by the Trump regime in the last two months, this looks

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Tuesday, November 18, 2025 - 08:58 Source

 

Deals for supplying fighter jets to Ukraine remain promises, not firm contracts. Nevertheless, they draw France and Sweden deeper into the conflict with Russia.

 

LYUBA LULKOEmpty Fighter Jet Deals: Europe’s Unrealistic Pledges to Ukraine Exposed

 

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Renew Economy Tuesday, November 18, 2025 - 08:57 Source
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Renew Economy Tuesday, November 18, 2025 - 08:50 Source
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Your Democracy Tuesday, November 18, 2025 - 08:10 Source

Swiss executives gave luxury gifts for US President Donald Trump shortly before Bern and Washington announced a new trade deal that reduces the steep US import tariffs, according to media reports.

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MacroBusiness Tuesday, November 18, 2025 - 07:17 Source

DXY is back. AUD is sitting on big support. CNY serene. Gold no bueno. AI metals likewise. Miners fade. EM too. Junk sitting on big support, too. Yields down a smidge. Stocks no bueno. There was not much overnight to explain the strong DXY, other than traditional risk off. That the failure of risk sentiment

The post Australian dollar bashed by bursting bubble appeared first on MacroBusiness.

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Your Democracy Tuesday, November 18, 2025 - 06:55 Source

Somewhere around 2085, give or take a few years, the last baby boomer will die. But their story is not, in the end, a story about age.

It is the biography of a system of capitalism in its most confident, expansive and self-mythologising phase. The Boomers were not the authors of that story so much as its children and its protagonists, born into a time when growth was god and history appeared to have direction.

 

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Your Democracy Tuesday, November 18, 2025 - 06:15 Source

Government ministers from around the world are preparing for a final few fraught days of talks at the UN climate summit as they bid to secure a deal that demonstrates global resolve amid increasing assertiveness from developing nations.

The job will not be easy. Countries are now digging into some of the toughest issues – many of which have been left off the formal agenda to ensure the talks keep moving even if one issue gets hung up.

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Your Democracy Tuesday, November 18, 2025 - 05:44 Source

There is a strange paradox at the heart of the whole de-dollarization trend. Both the BRICS upstarts seeking alternatives to the dollar and the aging hegemon trying to forestall this process have, at least officially, coalesced around a similar but not entirely accurate narrative: that the gradual pivot away from the dollar is primarily driven by Washington’s weaponization of its currency.

 

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MacroBusiness Tuesday, November 18, 2025 - 00:05 Source

Financial markets and many economists no longer believe that the Reserve Bank of Australia (RBA) will provide further interest rate relief. They now expect the official cash rate to remain on hold next year. I am less hawkish. I expect the unemployment rate to trend higher amid the rapid expansion of the labour market via

The post Aussies still very bullish on Australian house prices appeared first on MacroBusiness.

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Renew Economy Monday, November 17, 2025 - 20:56 Source
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Your Democracy Monday, November 17, 2025 - 18:37 Source

Ukrainian forces have begun using the TFL-1 terminal guidance system, which increases the accuracy of FPV drones and ensures effective control even in the case of communication disruption.

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Renew Economy Monday, November 17, 2025 - 17:53 Source
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MacroBusiness Monday, November 17, 2025 - 17:00 Source

Not a good start to the trading week with most Asian stock markets in the red as a slew of macro events and central bank speeches along with the restart of the US federal government is clouding the short term outlook. Currency markets appear nonchalant however with the Australian dollar holding somewhat steady but looking

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Monday, November 17, 2025 - 16:16 Source

Despite the end of the 50-year bipolar period known as the Cold War in the 1990s and the subsequent twenty-year unipolar world order, the world is currently splitting into two camps again. One of them is once again being led by the United States, and has roughly the same composition. The leader of the second camp is now China. 

The Indo-Pacific Game Intensifies

Vladimir Terehov

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Renew Economy Monday, November 17, 2025 - 15:30 Source

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Renew Economy Monday, November 17, 2025 - 14:50 Source
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Renew Economy Monday, November 17, 2025 - 14:14 Source
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Renew Economy Monday, November 17, 2025 - 13:48 Source
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MacroBusiness Monday, November 17, 2025 - 13:30 Source

Nine Media’s Shane Wright and Millie Muroi have written a detailed report explaining how the nation’s asymmetric responsibilities and vertical fiscal imbalances are harming service delivery, infrastructure, businesses, and overall productivity and living standards. There is an increasing number of Australian politicians and policymakers who believe that the nation’s federal system is a key cause

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Renew Economy Monday, November 17, 2025 - 13:27 Source
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Renew Economy Monday, November 17, 2025 - 13:03 Source
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MacroBusiness Monday, November 17, 2025 - 13:00 Source

It appears that the average Australian knows more about housing affordability than YIMBY lobbyists, such as the Grattan Institute and the Centre for Independent Studies (CIS). The Report from the 2025 Australian Cooperative Election Survey by Macquarie University, based on the views of 4,012 survey participants, showed that immigration/population growth was considered the leading contributor

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Renew Economy Monday, November 17, 2025 - 12:57 Source
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MacroBusiness Monday, November 17, 2025 - 12:30 Source

Pauline Hanson is fast becoming the opposition. The Coalition’s decision to abandon its commitment to net zero emissions as part of a dramatic weakening of its energy policy has failed to arrest its slide in popularity, with a new poll showing support plummeting while the One Nation vote has continued to surge. The Australian Financial Review/ Redbridge/Accent

The post Are post-Liberals electable? appeared first on MacroBusiness.

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Renew Economy Monday, November 17, 2025 - 12:04 Source
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MacroBusiness Monday, November 17, 2025 - 12:00 Source

The vicious Guinean junta knows how to run a resource economy better than we do. Guinea plans to launch its first sovereign wealth fund by the second quarter of 2026 with an initial $1 billion, its planning minister said, as the West African nation moves to leverage a flood of revenues from its giant Simandou

The post Vicious Guinean junta embarrases Australian resource managemant appeared first on MacroBusiness.

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MacroBusiness Monday, November 17, 2025 - 11:30 Source

Australian real wages fell by a record 7.3% between mid-2020 and the September quarter of 2023. They have since recovered by a paltry 1.3%, leaving real wages 6.0% lower than their peak as of mid-2025. The Reserve Bank of Australia (RBA) forecast in its November Statement of Monetary Policy (SoMP) that real wages would remain

The post Australian wages should have declined even further appeared first on MacroBusiness.

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MacroBusiness Monday, November 17, 2025 - 11:00 Source

There is a problem for AI and it is serious. What mattered this week Here are 13 random observations and charts from the week that matters a lot (and some that don’t…) 1 – Testing testing 1 2 3 The 50-day moving average in S&P500 has been tested twice over the past 6 days. Will

The post Trouble for AI appeared first on MacroBusiness.

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xkcd.com Monday, November 17, 2025 - 11:00 Source

'Oh no, the box is drifting out into the harbor!' 'Yeah, I wouldn't worry about losing it.'

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