Blogotariat

Efficiency matters: It's not enough to electrify, it needs to be efficient and flexible.

In Part 1 we looked at the official account of the October 7th Hamas Attack. In addition to a rocket barrage on multiple targets and maritime assaults, an estimated 2,900 Hamas-aligned “terrorists” breached the Israeli “Iron Wall” defences surrounding Gaza in 29 separate locations simultaneously.

DXY is trying again. The AUD uptrend is intact. Lead boots got heavier. Gold needs more Trump. Metals flamed out. EM too. Junk is bullish. Yields faded. Stocks ATH. The big bear short on CFTC driving price gains reached -81k contracts, which is approaching very bearish terrain. AUD had a down day, but so long

The post Australian dollar shredded as bears feast appeared first on MacroBusiness.

Since the start of the war in Ukraine, in February 2022, Volodymyr Zelensky has been elevated to the status of a hero King, pure in thought and deed, interested only in saving humble Ukraine from the onrushing hordes of Russian Orcs. Like Aragorn from Lord of the Rings, but short, thin-skinned and with a gravelly voice. He has been completely immune from any criticism in the west, with all allegations dismissed and labelled as Kremlin talking points.

Many new philosophers have adapted to the technologies of today. Gone are the simple esoteric values of behaviour. One pompously discusses the power of AI versus human intelligence with warnings and adoption. We see goodness and dangerous evil still, but not so much within ourselves.

International Reading: This company’s CEO made 6,666x more than its typical worker – CNN Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead  – Fortune The American Dream is no longer red, white, and blue—it’s gray. There are now more homebuyers over

The post Weekend reading and MB media appearances appeared first on MacroBusiness.

Asian share markets are snapping back after rallying most of the week with the USD pushing higher after making gains against most of the undollars overnight as the Trump regime indicates it probably won’t fire Fed Chair Powell. Maybe. Japanese inflation numbers were as expected but still too high above the BOJ target sending Yen

The post Macro Afternoon appeared first on MacroBusiness.

Australian technology company wins grant from Arena towards construction of a new facility demonstrating its novel low-carbon iron making process.

A century after Upton Sinclair exposed journalism as a racket in The Brass Check, today’s media landscape has evolved into something even more dangerous: sanitized censorship disguised as fact-checking.

The Brass Checkers: Fact-Checkers ‘R’ the ‘New Age Censors and Parody for Brilliance. Part 1

Seth Ferris

read more

Earlier this week, I argued that Trump Derangement Syndrome is no basis for sustained Labor rule. Alas, I spoke too soon, because the Coalition, bent of self-destruction, has delivered said basis Via Wokey. An anonymous federal Liberal MP who opposed Sussan Ley as party leader when she stood for the role in May told The

The post Australia is headed for a one-party Labor state appeared first on MacroBusiness.

How can the central bank of the only enduring immigration-led, labour market expansion economic model on earth never mention immigration? It is a trick question, of course. The model is only possible because the mention of the word immigration is cancelled, thus enabling the ongoing slaughter of living standards for extant Australians. Imagine if they

The post Bullock RBA is slow but it ain’t steady appeared first on MacroBusiness.