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MacroBusiness Wednesday, April 9, 2025 - 09:00 Source

Another ugly night on Wall Street that started out as a lovely time had by all as equity markets across both sides of the Atlantic rebounded on hope that everything is going to be ok. But that was a lie as the Fanta Fuhrer again spoilt the party after first suggesting a delay in new

The post Macro Morning appeared first on MacroBusiness.

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Your Democracy Wednesday, April 9, 2025 - 08:55 Source

Today, there is still a lot of racism in the media and in society. We face serious human rights issues, including the removal of children from their mothers, the high incarceration rates of Aboriginal people, particularly children and young people, in conditions that are very inhumane.

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Renew Economy Wednesday, April 9, 2025 - 08:55 Source
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Renew Economy Wednesday, April 9, 2025 - 08:50 Source
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WixxyLeaks Wednesday, April 9, 2025 - 08:09 Source

Has Labor done a dodgy deal with the Liberals in Macnamara, or is it just another a case of another Tory in Labor clothing?

“Fighting Tories. That’s what I do.”

Famous words of current Prime Minister Anthony Albanese.

A dozen or so years later and that heartfelt statement seems a distant memory.

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Renew Economy Wednesday, April 9, 2025 - 07:02 Source
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MacroBusiness Wednesday, April 9, 2025 - 06:56 Source

DXY is hanging in there. AUD is not. As lead boots turn to concrete shoes. Commodities are the screaming meteor of death. Landing on big miners. EM lol. The junk skunk! Uh oh, Treasuries are selling with everything else…hello, Liz Truss moment. Stocks whoa. Here is your new world order chart with Trump’s 50% increase

The post Australian dollar nightmare appeared first on MacroBusiness.

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Renew Economy Wednesday, April 9, 2025 - 06:43 Source
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Your Democracy Wednesday, April 9, 2025 - 06:42 Source

The White House Press Secretary Karoline Leavitt has said that "boys will be boys" after Elon Musk took to X to call Peter Navarro, a long-time aide to Donald Trump, a "moron" who is "dumber than a sack of bricks."

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Your Democracy Wednesday, April 9, 2025 - 06:15 Source

https://www.youtube.com/watch?v=6PrqQ7NJ30k

The West Is DESPERATE For A Ceasefire In Ukraine. But Why?

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

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MacroBusiness Wednesday, April 9, 2025 - 00:02 Source

Tom Elliott from Radio 3AW outlined multiple reasons why he believes Australian home prices will boom amid the fallout from the Trump administration’s trade war. First, Elliott argued that the share market rout is likely to see a flight to the perceived safe haven of property. “When the share market gets the wobbles as it

The post Australian house prices tipped to boom! appeared first on MacroBusiness.

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Your Democracy Tuesday, April 8, 2025 - 22:47 Source

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Your Democracy Tuesday, April 8, 2025 - 21:12 Source

Morrison intervened in Australia Post awarding 4 watches but did absolutely nothing to stop Communist China taking over the military port of Darwin for an entire century. 

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Renew Economy Tuesday, April 8, 2025 - 18:33 Source
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Renew Economy Tuesday, April 8, 2025 - 17:04 Source
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MacroBusiness Tuesday, April 8, 2025 - 16:30 Source

Everything is awesome again as Asian share markets rebound following a fake news rally on Wall Street overnight but looking through the bounceback its more than apparent that everything remains decidedly on edge, particularly with the growing trade war between China and the US. The USD lost ground against all the majors in the correlated

The post Macro Afternoon appeared first on MacroBusiness.

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Cheeseburger Gothic Tuesday, April 8, 2025 - 16:27 Source

My bachelor holiday was rudely interrupted by surgery this morning, the excision of the sneaky little melanoma that decided to set up shop on my left cheek.

Quite a bit more cutting and sewing than normal. 81 stitches by the time my dermo was finished. The chicks are gonna dig this scar, let me tell you.

I had all these big plans to come home and crank out some words, because I’m a hard nut. Or maybe just a nut.

But I took a few pain killers and fell asleep instead.

Oh well, maybe tomorrow.

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Your Democracy Tuesday, April 8, 2025 - 15:59 Source

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Renew Economy Tuesday, April 8, 2025 - 14:15 Source
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MacroBusiness Tuesday, April 8, 2025 - 14:00 Source

Forget the cost-of-living crisis. Forget the housing crisis. Forget the energy market. The biggest single factor that will determine the upcoming federal election is US President Donald J Trump. President Trump’s posturing has single-handedly rescued Canada’s incumbent Liberal progressive government from electoral annihilation, gifting it an election-winning lead. The Trump effect is also the biggest

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MacroBusiness Tuesday, April 8, 2025 - 13:30 Source

This is not about coal or renewables. It is about gas. The Callide B power station in central Queensland will stay open for up to three years longer than its planned closure date and the life of the state’s other coal-fired generators will also be extended under a major policy shift by the Crisafulli government

The post Energy superidiot pushes QLD back to coal appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 8, 2025 - 13:00 Source

Over the weekend, Liberal leader Peter Dutton announced that a Coalition government would cap international student numbers to 25% of an individual university’s enrolments if elected. Dutton claims that his changes across universities and VET would slash international student numbers by about 80,000 enrolments, ease the housing crisis, and help regional universities. As expected, the

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MacroBusiness Tuesday, April 8, 2025 - 12:30 Source

For the second month in a row stock markets have tumbled in the first week of the month. As such, last month’s performance is far less meaningful than current conditions. Our pitch to investors is that we want to lean into the cycle. Sell some stocks when they seem overvalued, switch into bonds, then buy

The post Liberation Day fallout appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 8, 2025 - 12:00 Source

By Stephen Saunders Surely, Labor can’t just run on their dismal record. What a tissue of lies. If they keep inciting and exploiting Trump Derangement Syndrome, that might work better. Running Treasury’s line, Albanese Labor’s first-term bedtime-story is oft repeated. Caring-and-sharing Labor stands for budget repair, inflation fighting, the million jobs, growing wages, cost-of-living relief,

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Renew Economy Tuesday, April 8, 2025 - 11:33 Source

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MacroBusiness Tuesday, April 8, 2025 - 11:30 Source

The ferrous complex had an unhappy day with steel prices murdered and SGX iron ore down to $94. I liquidated my iron ore shorts yesterday at a tidy profit. The latest CISA data rolled over seasonally and appears poised to drop year on year. Meanwhile, fresh from BHP reading iron ore its last rites by

The post Iron ore tanks as BHP says buy BHP appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 8, 2025 - 11:16 Source

The Trump administration’s tariffs and the associated stock market rout have had an immediate negative impact on Australian consumer sentiment. Westpac’s Consumer Sentiment Index dropped 6% to 90.1 in April, falling to a six-month low. Sentiment was 10% lower amongst those surveyed following the US tariff announcement. Perversely, consumers were less confident on the prospect

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MacroBusiness Tuesday, April 8, 2025 - 11:00 Source

Victoria has the highest per capita state debt and the nation’s lowest (AA+) credit rating. Victoria also has the worst debt trajectory in the nation, according to ratings agency S&P Global. A new report card from the Institute of Public Affairs (IPA) has ranked Victoria as the highest taxing state in Australia, with state taxes

The post Victoria is a ‘tax and spend’ nightmare appeared first on MacroBusiness.

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MacroBusiness Tuesday, April 8, 2025 - 10:30 Source

Always too hawkish, Wazza McKibbin is too hawkish again today. Modelling by Australian National University economist Warwick McKibbin and KPMG chief economist Brendan Rynne, released separately on Monday, found Trump’s tariffs would cause the Australian dollar to depreciate, sparking a near-term resurgence in inflationary pressures and putting pressure on household budgets. McKibbin, a former Reserve

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Your Democracy Tuesday, April 8, 2025 - 10:27 Source

Gaza (Quds News Network)- Israeli forces have bombed a tent housing Palestinian journalists near Nasser Hospital in Khan Younis in southern Gaza, killing two and wounding nine others while burning them alive.

At least nine journalists were injured. They are Ahmed Mansour, Hassan Eslaih, Ahmed Al-Agha, Mohammad Fayek, Abdallah Al-Attar, Ihab Al-Bardini, Mahmoud Awad, Majed Qdeih, and Ali Eslaih.

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