Honestly, the state of reporting on China is a sad combination of ignorance and hope, with very little reality. The poor reporting is led by Bloomberg which must have some kind of PR contract with the ...
Madness gripped the iron ore market yesterday as steel prices rose a bit and iron ore a lot: Mad Dalian too: That wrecks steel mill profitability and guarantees further output falls. Self-defeating ...
Stock markets advanced overnight as the USD retreated due to weaker than expected consumer confidence numbers, with overall risk helped by the PBOC messaging about increased stimulus and rate cuts in ...
Over the twelve years we’ve run this site, there have been many bad policy decisions, many stupid ideas, and an overwhelming number of greedy little men exploiting the nation. At various times, this ...
The SMH’s Editorial warned that Sydney risks “becoming a city with no grandchildren, but also one with no aged care workers, police officers, shop assistants or rubbish collectors”, due to the city’s ...
The Q2 national accounts and the latest labour force data showed that the public sector is powering the Australian economy, masking the deep private sector recession. Government spending hit a ...
DXY broke support on China shrinkulus: AUD is a China rocket: The Chinese shrinkulus adds bugger all to the macro outlook but it adds liquidity and in modern markets that matters more. So AUD trades ...