RACHEL MADDOW HAS A FIT, DISGORGING EMOTIONAL REACTIONS TO THE WAY RUSSIA IS TRYING TO DESTROY KIEV — EXCEPT RUSSIA IS NOT TRYING TO... RUSSIA WANTS TO MAKE A DEAL THAT PREVENTS THE WEST AND THE NAZIS IN YUCKRAINE FROM DESTROYING THE RUSSIAN CULTURE AND THE RUSSIAN PEOPLE THAT HAVE BEEN PART OF UKRAINE FOR A LONG TIME.
No jobs report for you! So that’s two months of non-existent unemployment data from the US due to the Republicans shutting down their own government so markets are unable to navigate or pivot on the non-farm payroll data and instead wonder at what is going on “under the hood” of the world’s largest economy (for
The post Macro Morning appeared first on MacroBusiness.
The Albanese government’s fantastical target of building 1.2 million dwellings over five years, or 240,000 homes a year, is based on delivering another boom in high-rise apartment towers, even greater than the one experienced between 2015 and 2020. To meet the federal government’s lofty housing construction target, Australia would need to build more homes than
https://www.youtube.com/watch?v=rb3TMw5FGUQ
Nexperia Crisis Ends in Humiliation for The Hague - China Wins, Netherlands Folds
New York City Mayor-elect Zohran Mamdani is viewed as a potential “partner” by the Communist Party of Russia (KPRF), its deputy chairman has said.
Speaking to Kommersant on Thursday, MP Leonid Kalashnikov said Mamdani’s proposals to increase taxes on the wealthy closely resemble policies advocated by the party.
Russia has no intention of violating its obligations under international agreements banning nuclear tests, but will resume testing if other countries do, Kremlin spokesman Dmitry Peskov has said.
Europe’s NATO member states should brace for a lasting rupture with Moscow, Swedish Prime Minister Ulf Kristersson has said, urging them to focus on supporting Kiev.
The Western nations have introduced multiple rounds of sanctions in an effort to economically isolate Russia since the escalation of the Ukraine conflict in February 2022.
The Istanbul Prosecutor’s Office has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and 36 other senior officials for alleged genocide and crimes against humanity in the Gaza Strip, according to Turkish media.
The housing market appears to have lost some momentum due to the recent inflation shock and expectations that the Reserve Bank of Australia (RBA) will keep interest rates on hold for the foreseeable future. Cotality’s daily dwelling values index continues to show the strongest growth in over two years, measured on a rolling 28-day basis:
I have been reading the book ‘The Great Wave’1 by Michiko Kakutani which was given to me by a mate who thought I would enjoy it. Kakutani is an American Pulitzer Prize winning literary critic and writer2. The book is subtitled ‘The era of radical disruption and the rise of the outsider’1.
Aussie punters are drooling with anticipation of a new housing boom. Victoria disease is preventing madness in the South East, but elsewhere it is all greed. Plenty of room to rise before any nerves kick in. The young and abused have been co-opted. The Oct survey detail points to another factor in the mix
The post Pavlov’s dog drools as Albo rings housing boom bell appeared first on MacroBusiness.
By Harry Ottley, economist at CBA: The RBA left the cash rate on hold at 3.60% as widely expected.The post-meeting communication was not quite as hawkish as we had expected. The data flow was mixed with home price rises accelerating and building approvals improving but household spending looking a touch softer than expected. Offshore, soft
The post The economic week ahead appeared first on MacroBusiness.
“The defense acquisition system as you know it is dead,” Secretary of War Pete Hegseth said in a major speech delivered to industry representatives Nov. 7 at the National War College in Washington, D.C.