Blogotariat

Oz Blog News Commentary
MacroBusiness Thursday, July 17, 2025 - 12:00 Source

For ye will lose. The Market Ear. NVDA monster While people are debating whether to be long the European bull story, GS points out: “NVDA is now closing in on 90% of the entire SX5E in terms of mkt cap (4.1tr vs 4.8tr)”. Bloomberg/GS Still far from real exuberance Net exposure is in the 68th

The post Never bet against America appeared first on MacroBusiness.

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 11:30 Source

A recent report from CBA economist Harry Ottley illustrated the unprecedented rise in non-market sector jobs over the past decade. This sector includes the health care and social assistance, education and training, and public administration and safety industries. It includes both public and private service providers that rely on government funding. The non-market sector has

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 11:00 Source

Nobody wants to talk about how bad it is because, you know, it’s China. It’s a shame because the greatest crash in the history of property is underway and has another five years to run yet. Property keeps getting cheaper in real terms with mortgages included. Yet nobody wants to buy it. In fact, everybody

The post The unstoppable Chinese property trainwreck appeared first on MacroBusiness.

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 10:30 Source

The latest batch of housing construction data from the Australian Bureau of Statistics (ABS) shows that the Albanese government’s target of building 1.2 million homes over five years is nowhere close to being met. First, in the year to May 2025, only 182,900 dwellings were approved for construction, 57,100 (24%) below the 240,000 required to

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 10:00 Source

Earlier this year, Matt Bell from The Australian posted an article based on the Hays 2025 Skills Report claiming that Australia was facing a skills crisis, with businesses unable to find workers with the right skills. The latest recruitment data from Jobs & Skills Australia shows that employers are now finding it considerably easier to

Sticky: No
Cheeseburger Gothic Thursday, July 17, 2025 - 09:34 Source

This has been a big week for finding out about stuff I didn’t know. First it was the story of how Blade Runner the movie got the name and now this from Michael Ian Black’s Substack.

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 09:30 Source

DXYT softened last night as the great narcissist⁣ resumed attacking the Fed. AUD firmed. Lead boots are rolling over. Oil liked the chaos, oill did not. Metlas no bueno. Big mining bear fully intact. EM tried. Junk too. As yields cooled on a softish PPI. Stocks meh. The PPI helped offset yesterday’s bad CPI (in

The post Australian dollar chaos as loon Fed attacks Fed appeared first on MacroBusiness.

Sticky: No
Your Democracy Thursday, July 17, 2025 - 09:21 Source

IN SIXTY SO SOON, PUBLISHED SOME YEARS AGO (2006), BILL FIRMAN MAKES THE ARGUMENTS FOR GOD… SCIENTISTS WHO BAT FOR TEAM-GOD ARE OFTEN USED AS A PROOF OF HIS (GOD) EXISTENCE… SAYS BILL: 

Scientist Henry Schaefer restates the five traditional arguments for the existence of God which are often referred to in astrophysical literature:

 

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 09:00 Source

A busy night of data, geopolitics, plus absurd politics as the Trump regime looks to fire Fed Chair Powell because he won’t lower rates (even though he only has one vote and there’s clear evidence of an inflationary push from the tariffs). This kept Wall Street on its toes but eventually Trump TACO’d out again

The post Macro Morning appeared first on MacroBusiness.

Sticky: No
MacroBusiness Thursday, July 17, 2025 - 08:00 Source

Tuesday’s net permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) suggested that immigration is surging, with a record 245,890 net arrivals recorded over the first five months of 2025. It appears that the surge in arrivals has been driven, at least in part, by international students, with the ABS reporting 39,210

Sticky: No
Your Democracy Thursday, July 17, 2025 - 07:30 Source

Sticky: No
Your Democracy Thursday, July 17, 2025 - 06:30 Source

The US must be told that we will not be involved in any way and at any time in a war with China over Taiwan.

Trump is pressing US allies to increase their defence expenditure. Anthony Albanese has wisely responded that the Australian Government will decide how much we spend on defence, and not the US.

 

Sticky: No

Pages