Renew Economy
Tuesday, July 8, 2025 - 05:00
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MacroBusiness
Monday, July 7, 2025 - 16:00
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Its the Tariff Trading Week! You get a deal – you get a deal – we all get a deal! By deal, I mean a letter from the Bully-in-Chief stating what tariff you have to accept, since there’s been less than three US trade deals actually made in the last 90 days. Stock markets in The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Monday, July 7, 2025 - 15:14
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Your Democracy
Monday, July 7, 2025 - 14:19
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“Never in our history,” declared a TV anchor, “has there been such an avalanche of information, so little believed or believable.” This was no anguished lament over AI or social media. This was 1967, the era of the Vietnam War, racial tension, and urban blight, when a group of liberal satirists launched a prank so well-executed it would later be called “the hoax of the century.”
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Renew Economy
Monday, July 7, 2025 - 14:08
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MacroBusiness
Monday, July 7, 2025 - 14:00
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In the history of the U.S economy, every now and then there is a major shift in the balance of forces impacting the path of both growth and economic policy. While the coverage of this most recent shift has so far flown under the radar, it represents a major demographic alteration to the U.S. labour The post America shows Australia has got immigration wrong appeared first on MacroBusiness. |
Renew Economy
Monday, July 7, 2025 - 13:41
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MacroBusiness
Monday, July 7, 2025 - 13:30
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As we know, Victoria disease is ripping through the Australian economy like COVID did before it. It is the plague of too many Labor governments importing too many people, creating a constantly rising demand for state-managed services, which do not have the revenue sources to pay for them. This is called horizontal fiscal mismatch. The The post Victoria disease amputates political limb appeared first on MacroBusiness. |
MacroBusiness
Monday, July 7, 2025 - 13:00
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Morgan Stanley with the note. The uncertainty of application of tariffs is one reason we have continually called for patience to see the affect of tariffs in hard data. Our models predict that inflation will take approximately four months to see the full effects of tariffs and potentially even eight moths for growth to react The post What now for tariffs? appeared first on MacroBusiness. |
Renew Economy
Monday, July 7, 2025 - 12:46
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MacroBusiness
Monday, July 7, 2025 - 12:30
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Just imagine. You are a younger Australian, perhaps nearing the end of secondary school or nearing the completion of your university degree. Perhaps you are beavering away as a young tradie, have a half-decent gig with a large retailer, or are considering joining the freelance circuit as an IT or healthcare specialist. Odds are, you The post Is Australian youth “doom spending”? appeared first on MacroBusiness. |
MacroBusiness
Monday, July 7, 2025 - 12:00
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Over the weekend, OPEC+ production was raised of 548,000 barrels per day (bpd) for August, above the initial projection of 411,000 bpd. With the goal of regaining market share and stabilizing prices, this action quickens the rollback of the voluntary supply reduction in 2023. Even with this rise, OPEC+’s spare capacity is still projected to The post Power bills roar higher again appeared first on MacroBusiness. |
MacroBusiness
Monday, July 7, 2025 - 11:30
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With the release of the latest labour account figures, it was revealed that the total number of filled jobs in the economy contracted for the first time since the March quarter of 2021. In the years since the Global Financial Crisis and in particular since the onset of the pandemic, the Australian economy has become The post Can the disabled Aussie economy stand on its own? appeared first on MacroBusiness. |
MacroBusiness
Monday, July 7, 2025 - 11:00
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In the nation’s collective consciousness there are few issues that occupy as much mental headspace and backyard BBQ conversation as interest rates. For some, each rate cut is treated like nectar from the Greek Gods atop Mount Olympus. After all, over the last decade the pathway to greater levels of household disposable income for mortgage The post Will rate cuts actually help the economy? appeared first on MacroBusiness. |
MacroBusiness
Monday, July 7, 2025 - 10:30
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Stocks only go up is back. The Market Ear. Nets caught up Net leverage for hedge funds have kind of caught up with gross leverage – when looking from a percentile perspective. We have now arrived at generally “stretched” levels. Source: JPM PI More on the addition in net The net leverage climb steadily over The post The bubble inflates appeared first on MacroBusiness. |
MacroBusiness
Monday, July 7, 2025 - 10:00
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Ferrous lifted again Friday. Some charts show significant churn in the underlying state of the market. The first chart is difficult one to swallow. Steel production is down 2-3%. Chinese iron ore production is flat. Some of this is the continued orientation towards BOF versus EAF, but not enough to explain the chart. Some MySteel The post Iron ore rally persists appeared first on MacroBusiness. |
xkcd.com
Monday, July 7, 2025 - 10:00
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Your Democracy
Monday, July 7, 2025 - 09:37
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On July 4, 1945, the great atomic scientist Leo Szilard finished a letter that would become the strongest (and one of the very few) real attempts at halting President Truman’s march to using the atomic bomb – which was two weeks from its first test at Trinity – against Japanese cities. |
MacroBusiness
Monday, July 7, 2025 - 09:30
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Be careful what you vote for. The Australian. Anthony Albanese has given a speech that will heighten fears of a growing strategic and political disconnect between Australia and Washington. …“Our alliance with the US ought to be remembered as a product of Curtin’s leadership in defence and foreign policy, not the extent of it,” he The post Albo pivots to China appeared first on MacroBusiness. |
The Tally Room
Monday, July 7, 2025 - 09:30
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With a bit of a break in action after the federal election, I’ve decided to launch an Instagram account for the Tally Room. The account will have posts lining up with blog posts here on the website, as a bit of a taste of what you can read on the blog. I’m also interested in doing video previews for podcasts and video updates, which could potentially be posted on Tik Tok and Facebook at some point. I’m just going to take my time getting a hang of producing content that works for those platforms. |
MacroBusiness
Monday, July 7, 2025 - 09:00
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Friday night was a subdued session as Wall Street was closed for the (last?) 4th of July celebration while European shares took a drop as the expectations of entrenched tariffs from the Trump regime’s deadline this week look set. The early and surprisingly upbeat NFP print gave the USD a small reprieve in the previous The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Monday, July 7, 2025 - 08:55
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Your Democracy
Monday, July 7, 2025 - 08:33
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After the federal election on 3 May, dissection of the Liberals’ turmoil received top billing. But there has also been a “get the Greens” movement. Everybody has been piling on. The Greens are too extreme on everything. The brawl is of deeper significance. Gaza as Exhibit A. The Greens have been too extreme on Gaza, say the Libs and Labor and their acolytes and the pundits.
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Renew Economy
Monday, July 7, 2025 - 08:22
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Your Democracy
Monday, July 7, 2025 - 07:32
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THE FOLLOWING PAPER BY JUDITH CURRY (and Harry DeAngelo) IS THE NEXT STEP IN CLIMATE CHANGE DENIAL. YES GLOBAL WARMING IS HAPPENING BUT IT’S NOT AS BAD AS THE ALARMIST WOULD LIKE YOU TO THINK. DOING ANYTHING TOWARDS NET ZERO WILL BE CATASTROPHIC FOR THE ECONOMY AND WILL HAVE VERY LITTLE IMPACT ON THE CLIMATE… GUS LEONISKY Inc. CHALLENGES THIS VIEW. MY COMMENTS AT THE END.
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Your Democracy
Monday, July 7, 2025 - 05:55
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Russian President Vladimir Putin is “a professional” who has learned how to handle Western sanctions, but he understands that more could come if the Ukraine conflict is not settled, US President Donald Trump has said. |
John Quiggin
Monday, July 7, 2025 - 05:32
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Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. |
Renew Economy
Sunday, July 6, 2025 - 18:48
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Renew Economy
Sunday, July 6, 2025 - 18:38
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Your Democracy
Sunday, July 6, 2025 - 18:24
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The atheist’s mantra: There’s none. And I am not trying to convert you. It's impossible. 15 Mar 2021 So, god does not exist. Full stop. I had this conversation with a Christian the other day… He believed in the ONLY god, of course, because His is better than yours… (or it could be the same, but with a different colour, or beard or pants)........ |