Blogotariat

Annus horribilis is a Latin phrase that means “horrible year”. While it was initially used in the year 1891 in an Anglican publication to describe 1870, the year in which the dogma of papal infallibility was defined in the Catholic Church.

The expression was brought to prominence more recently by Queen Elizabeth II in a speech at Guildhall on 24 November 1992, in describing her year. She said: “1992 is not a year on which I shall look back with undiluted pleasure. In the words of one of my more sympathetic correspondents, it has turned out to be an annus horribilis.”1

Middle East tensions are dominating risk taking here in Asia with most share markets finishing in the red, not helped by what looks like a “non-deal” deal from the ongoing US/China talks, regardless of what the Trump regime claim has come to pass. The USD continues to fall against the majors despite a very tame

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US Secretary of State Marco Rubio has congratulated Russians on Russia Day and stressed his commitment to building constructive relations with Moscow for peace with Ukraine.

Updates on how the federal home battery rebate will work alongside existing state schemes have stirred a mixed response, particularly from those hoping to double dip. Have we been duped?

Last week’s Q1 national accounts release from the Australian Bureau of Statistics (ABS), revealed that real per capita home consumption has been negative for seven consecutive quarters on an annual basis, down 2.4% from its peak. The fall in household spending occurred despite a 1.8% increase in real per capita household incomes in the year

The post “Scarred” households refuse to spend appeared first on MacroBusiness.

ANZ doesn’t think so. Heightened global trade uncertainty has been driving gold’s rise toward USD3,500/oz. While noise around US tariffs persists,we believe the market will gradually become desensitized to new announcements. As this occurs, macro economic data are likely to take over as the primary catalyst. Market expectations of the level of US tariffs have

The post Gold exhausted? appeared first on MacroBusiness.

The biggest narrative in world markets surrounds the US. On one hand, the US economy has been growing strongly, is resilient and has seen significant productivity growth. On the other, it is being assailed by a raft of economic uncertainties, from tariffs, to domestic demand, capital expenditure plans, tourism, higher interest rates, higher wage growth

The post MB Fund Podcast: Economic Tipping Points appeared first on MacroBusiness.

The cancellation of Hornsea 4 in the UK follows a spate of similar decisions elsewhere. What is causing developers to pull out when they are due to make their final investment decision?

The “Stats Guy”, Simon Kuestenmacher, is a well-known immigration shill. For years, he has spread propaganda in support of Big Australia immigration. Last year, Kuestenmacher claimed that Australia’s skills shortages would grow unless net overseas migration remained at a historically high level. In February, Kuestenmacher stated that “Australia is running out of workers and increasingly faces

The Australian Electoral Commission conducts a two-party-preferred vote in every seat, which is a count between Labor and the leading Liberal or Nationals candidate. In seats where the two-candidate-preferred vote is not Labor vs Coalition, they do the count later. With 35 seats now “non-classic”, the AEC needs to conduct those notional 2PP counts in more and more seats.

Hours after being deported from Israel, Greta Thunberg accused the country of kidnapping her and her fellow activists in international waters, adding that she had refused to sign a document stating that she had entered Israel illegally.

A weaker than expected US inflation print overshadowed the not-a-deal US-China trade talk announcement from the Trump regime that looks almost exactly like a return to the early April settings. Wall Street couldn’t swing either of these events as positive with European shares also continuing their pullback as the USD fell back against most of

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