Open the gate.. welcome to this dimension..








Category:[economics], sort:[descending], entries found:[41]

Where's the next obfuscated meltdown coming from?

⊰ 2022-10-03 by ShaunO ⊱

So [this](https://www.abc.net.au/news/2022-10-01/david-taylor-global-financial-crisis-2/101492384) is interesting. Albeit over-stated and under-evidenced. But it makes sense that with everything ec...

[ Read more.. ]

The world is on the brink of another financial crisis, and the next few weeks are key

Yay! You Lose

⊰ 2022-09-30 by ShaunO ⊱

Yeah all great news.. not.. The thrust [here](https://www.bloomberg.com/news/articles/2022-09-29/australia-s-policy-downshift-hindered-by-global-tightening-wave?sref=QlpF64WK) is the RBA knows that...

[ Read more.. ]

Australia’s Policy Downshift Hindered by Global Tightening Wave

And on it goes..

⊰ 2022-09-29 by ShaunO ⊱

It's all getting pretty weird if you're following along on a daily basis. Everything politicians, economists, and talking heads thought they 'knew' is pretty much being tipped on its head.. The Bank...

[ Read more.. ]

Emergency Bank move will not solve the problem

Super Statistics Updates 2022

⊰ 2022-09-22 by ShaunO ⊱

This [update article](https://thenewdaily.com.au/finance/superannuation/2022/09/21/super-slips-in-august/) from The New Daily is helpful to bring super earnings figures up to date. But I've been loo...

[ Read more.. ]

Super returns slipped in August but are up since July


⊰ 2022-09-21 by ShaunO ⊱

I usually like Peter's articles but I'm not sure what the point of [this one](https://www.abc.net.au/news/2022-09-21/the-mint-printing-money-why-cash-won-t-last-forever/101458918) is.. it doesn't see...

[ Read more.. ]

The government makes millions of dollars every year printing money. Here's why that might be about to change

Robbing Peter to pay Paul?

⊰ 2022-08-30 by ShaunO ⊱

It's a very strange world we live in.. Think about it, the 'economy' needs workers, 'mothers' seem to be an available demographic, so let's *pay them* (in childcare subsidies) to get them into the wo...

[ Read more.. ]

'Locked out of the labour market' Why mothers like Marianne are staying home

Where's the surprise?

⊰ 2022-08-30 by ShaunO ⊱

Upside stock market gains Jun-Aug were profit take opportunities, no more. Anybody who thought the downward trend had finished wasn't looking at the data - inflation has *not* eased, PE ratios are ...

[ Read more.. ]

Neel Kashkari Says the Quiet Part Out Loud on Markets

Dead Cat Bounce?

⊰ 2022-08-24 by ShaunO ⊱

So that (July-August) was a '[dead cat bounce](https://www.investopedia.com/terms/d/deadcatbounce.asp)'? Probably not, a bit of exuberance whilst the markets work out what direction we're *actually*...

[ Read more.. ]

Leopard changing its spots?

⊰ 2022-08-23 by ShaunO ⊱

I like Gordon Brown, I think he's probably smart, genuine, and honest. But I can't help thinking when I see him 'don his socialist suit' like he is in [this article](https://www.theguardian.com/com...

[ Read more.. ]

We must tax profits now, freeze energy price rises - and if necessary bring suppliers into the public sector | Gordon Brown

Correlations pivot around Oil

⊰ 2022-08-20 by ShaunO ⊱

[John](https://www.bloomberg.com/opinion/authors/AT2bBytfUHQ/john-authers?sref=QlpF64WK) has another novel outlook in [this article](https://www.bloomberg.com/opinion/articles/) where he ruminates th...

[ Read more.. ]

‘The Godfather’ Insight onWhat’s Driving Markets

Economics:  off to the race course

⊰ 2022-08-20 by ShaunO ⊱

In the modern western world we have a paradox in how we talk about economics. In one version it's 'hand-wringing' on the importance of growth in economies to the nation. Whilst at the other end of th...

[ Read more.. ]

Economists tip interest rates to peak at 3.1pc

Markets Game

⊰ 2022-08-19 by ShaunO ⊱

A lot of 'jaw-boning' that we're at a 'pivot point' again. Why? argument goes either: 1) it's the start of a 'new bull run' (after June22 lows, strong employment, FED won't hike as strongly as anti...

[ Read more.. ]

All that is gold glitters?

⊰ 2022-08-19 by ShaunO ⊱

As a purely academic exercise I was trying to get my head around any correlation between gold prices, us$ strength, and us$-au$ crosses.. Why? well I, for some unfathomable reason (given in general ...

[ Read more.. ]

get your TL;DR here

⊰ 2022-08-18 by ShaunO ⊱

let me a do the TL;DR (too long; didn't read) summary on [this article](https://www.abc.net.au/news/2022-08-18/economists-say-rba-should-have-raised-cash-rate-target-sooner/101343618) for you.. "Eco...

[ Read more.. ]

Did the RBA get its interest rate strategy all wrong?

Why the markets are bouncing

⊰ 2022-08-16 by ShaunO ⊱

"of the investing profession (a hundred years ago everyone in stocks was a degenerate gambler with a margin loan, now just half of us are) and the advent of massive retirement systems (a hundred and ...

[ Read more.. ]

Why the market is bouncing

US Dollar Everywhere

⊰ 2022-08-14 by ShaunO ⊱

Yep, what's nuts is it's a zero sum game. Ultimately as Adam Tooze [points out](https://www.inkl.com/newsletters/morning-edition/news/the-world-is-seeing-how-the-dollar-really-works?utm_campaign=2022...

[ Read more.. ]

The World Is Seeing How the Dollar Really Works

Uncommon sense

⊰ 2022-08-10 by ShaunO ⊱

[John Authers](https://www.bloomberg.com/opinion/authors/AT2bBytfUHQ/john-authers?sref=QlpF64WK) once again brings a voice of analysis, and common sense, to the table. In [this article](https://www....

[ Read more.. ]

What’s Missing From Bond Markets Ahead ofthe CPI

One statistic a policy does not make..

⊰ 2022-08-09 by ShaunO ⊱

Here we are again, a one dimensional statistic argument which purports to support "It means motorists are forced to buy cars that are worse for the environment and household budgets".. Umm might it ...

[ Read more.. ]

'Carpark for clunkers': Gov urged to act on $5.9 billion petrol opportunity

Business don't need evidence

⊰ 2022-08-08 by ShaunO ⊱

So, [here's more](https://www.abc.net.au/news/2022-08-08/new-zealand-wages-soar-will-australia-workers-get-a-bump/101306138) 'hand-wringing' on wages. All sorts of sensible, believable, assertions ma...

[ Read more.. ]

We understand 'supply and demand'. So in a labour shortage, why aren't wages going up?

Australian Debt Numbers (at June 2022)

⊰ 2022-08-07 by ShaunO ⊱

To try and get a handle on whether there's a 'credit problem' I thought a look at the straight aggregates over time might shed some light. RBA aggregates are available on [knoema](https://public.kno...

[ Read more.. ]

Reserve Bank of Australia Money and Credit Statistics - Public Knoema Data Hub

Interesting exercise..

⊰ 2022-08-02 by ShaunO ⊱

That's an interesting exercise to do: * disposable income (i.e. your gross - super - tax) * value of housing assets (and as a ratio to disposable income i.e. house price / disposable income) * val...

[ Read more.. ]

Chart Pack

"Oh oops, sorry, we've destroyed the world economy again.."

⊰ 2022-08-01 by ShaunO ⊱

[Mea Culpa by everyone](https://www.bloomberg.com/opinion/articles/2022-07-31/central-banks-believed-too-much-in-their-inflation-fighting-powers-we-let-them?sref=QlpF64WK)? The asinine regurgitation...

[ Read more.. ]

How central bank mistakes after 2019 led to inflation

There is no future economy

⊰ 2022-07-30 by ShaunO ⊱

[This article](https://www.bloomberg.com/news/newsletters/2022-07-28/profit-seems-to-be-the-hardest-word-the-readout-with-allegra-stratton?srnd=economics-vp&sref=QlpF64WK) by [Allegra Stratton](https...

[ Read more.. ]

Profit Seems to Be the Hardest Word: The Readout With Allegra Stratton

Squeeze 'em till their "pips squeak"

⊰ 2022-07-27 by ShaunO ⊱

So, as usual, the IMF's advice to 'policy makers' now is to up, and up, interest rates until the "people's pips squeak" and inflation comes down.. You see it's not rocket science how this works - wh...

[ Read more.. ]

IMF downgrades 'gloomy' economy as inflation and rate jitters continue, but ASX trades up

Stagflation as strategy

⊰ 2022-07-22 by ShaunO ⊱

ooh yeah, it's now becoming clear (well to me at least, and I know.. like, who cares? 😛) that interest rate hikes have another agenda.. Inflation's high sure, and interest rates need to be 'norma...

[ Read more.. ]

What's the Point of Hiking When Recession Looms?

It's a tax rort, always has been

⊰ 2022-07-22 by ShaunO ⊱

Yeah well, duh.. who would of thought?.. We all know tax on investment property gains, and even more, the tax breaks (negative gearing) are a rort, always have been. Middle class subsidies is all t...

[ Read more.. ]

'Unprecedented growth in house prices': OECD calls for cap on housing tax breaks benefiting the rich


⊰ 2022-07-20 by ShaunO ⊱

I love these 'non-speeches' by RBA functionaries. "We'll take everything into consideration before we make a decision" Yeah, well, duh.. who would have thought? What's more interesting is what th...

[ Read more.. ]

Up to a third of mortgage holders could struggle to keep up with repayments, RBA says

UK real wage decline worst than post-GFC

⊰ 2022-07-11 by ShaunO ⊱

The following graph shows what I anecdotally experienced post-GFC (2008) in the UK. My best guess was a fall in real wages of between 10-15% over 2008-2013. That fall is significantly faster now by ...

[ Read more.. ]

U.K.?s Next Leader Faces Challenges Unseen Since Thatcher

SA Land Valuation Increases..

⊰ 2022-07-09 by ShaunO ⊱

So, as suspected, we can expect land valuation increases across SA of between 10-30% according to [their report](https://www.valuergeneral.sa.gov.au/publications/VGYIR2021.PDF) by the [valuer genera...

[ Read more.. ]

Looking for the villian..

⊰ 2022-07-09 by ShaunO ⊱

>"Aussie consumers are now being hammered by the fastest interest rate increases in a quarter of a century that are crushing disposable incomes; a massive reduction in real wage growth as a result o...

[ Read more.. ]

How the RBA duped Aussie households

It is just naive

⊰ 2022-07-07 by ShaunO ⊱

There are so many things wrong with this article I hardly know where to begin.. I'll keep it short. The article, overall, is naive. The people depicted in its story are naive. It's naive to suggest ...

[ Read more.. ]

'They can feel misled': Households took on massive debt because the RBA said rates wouldn't rise

'Stop spending so much if you want lower rates'

⊰ 2022-07-05 by ShaunO ⊱

Of course that's what needs to happen, and will happen - it's just unsaid. Inflation presently is generally accepted (not universally though) to be a supply side, or external factor, problem. The a...

[ Read more.. ]

Stop spending so much if you want lower rates

Salary Statistics Comparisons Table

⊰ 2022-06-29 by ShaunO ⊱

So now we have another set of salary metrics (Census 2021 data) which put more nuance into the numbers: starting from the 'all Australia census personal' at $41K, through 'median per employee' at $62...

[ Read more.. ]

So how big is the crypto crash?

⊰ 2022-06-28 by ShaunO ⊱

Ian's doing his bit to redeem ABC standards; in this analysis piece he outlines quite well (best one can, given the lack of real information in this sphere) the nonsense that 'cheap credit' has crea...

[ Read more.. ]

Why the crypto crash could hit stocks

Credit on the never never

⊰ 2022-06-27 by ShaunO ⊱

After a small hiatus, back to the numbers.. This 'ere chart gives some explanation to the big movements in credit over the past couple of years. [![graph](../../images/web500/screenshot20220627.jpg...

[ Read more.. ]

House prices drove household wealth 1.2% higher in March quarter

They're making it up!..

⊰ 2022-06-25 by ShaunO ⊱

As an amateur student of 'the markets' for a decade or so, it's constantly surprising how little 'empirical anything' exists in this sphere of modern life. Take todays (24Jun22) northern hemisphere ...

[ Read more.. ]

Stocks Roar Back With Best Week in a Month: Markets Wrap

That's a bit grim..

⊰ 2022-06-22 by ShaunO ⊱

That's looking pretty grim. My real returns to date for financial year 2022 (FY in Aust. for European folks is 1Jul->30Jun..). If we're lucky we'll finish at circa 'even'.. having swung from gains o...

[ Read more.. ]

Really? Eyes Wide Shut?

⊰ 2022-06-22 by ShaunO ⊱

[Well apparently Dr Lowe says](https://www.abc.net.au/news/2022-06-21/rba-says-inflation-is-increasingly-coming-from-within-australia/101169436) 'I don't see a recession on the horizon'. Whilst havi...

[ Read more.. ]

Reserve Bank governor says inflation is rising, but he doesn't see a recession on the horizon

Blood Bath

⊰ 2022-06-15 by ShaunO ⊱

In the melodramatic "parlance of our times": it's a blood bath.. Graph tells quite a story.. [![Graph][image]](../../images/web1500/ScreenShot2022-06-17.jpg) [image]:../../images/web750/ScreenShot...

[ Read more.. ]

There's the yield curve upside down

⊰ 2022-06-14 by ShaunO ⊱

So whilst we're playing this game called ['the markets'](https://www.bloomberg.com/news/articles/2022-06-14/wall-street-s-favorite-recession-signal-is-back-as-curves-invert?sref=QlpF64WK).. It's pr...

[ Read more.. ]

Wall Street’s Favorite Recession Signal Is Back as Curves Invert

you're at: Home > Commentary