Data from the AFG group of mortgage brokers, presented below by Justin Fabo from Antipodean Macro, shows that the number of mortgage commitments issued in the June quarter fell sharply, presumably ...
Poor productivity growth is the single biggest pressure point facing the Australian economy. Australia has ranked among the poorest in the OECD over the past decade on labour productivity growth. As a ...
Perth is the final major capital city housing market to join the nation’s price correction, which began with Sydney and ...
In the Persian Gulf, full-scale hostilities have once again resumed, as the ‘Memorandum of Understanding’ aimed at peace has proven completely nonviable. Amid the renewed conflict, the United States ...
Here’s one. TME with the charts. Approaching oversold SOX RSI is approaching the “oversold” threshold. Source: JPM Drawdowns 15 episodes of >20% drawdowns in SOX over the past 15 years. 5 turned into ...
They whinge and whine like little girls, then they sell your gas like it’s gold in Asia. Pakistan and Bangladesh were forced to buy expensive liquefied natural gas shipments as the Middle East ...
Iron ore had been trading in lockstep with oil through H1 as freight rates roared higher. No longer. The recent sell-off in iron ore began as oil took off. This is happening even as the mid-year ...
Unlike in Australia, trimmed mean inflation in New Zealand looks to be behaving, tracking within the Reserve Bank of New Zealand’s target band of 1% to 3%, according to Justin Fabo at Antipodean Macro ...
India is enjoying a long-overdue protest movement. In May this year, Surya Kant, the Chief Justice of India, made some remarks he has lived to regret, referring to youth without jobs as “cockroaches” ...
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