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Macroeconomic News: Insights into Economic Trends and Developments

Cash Rates

Why the War on Cash Must be Won, Firs

The War on Cash is the most important front for freedom today. Win there and we defeat CBDCs, climate lockdowns, de-banking, 15-minute cities, and all the other government interventions in our lives. That’s because you only need the one escape hatch for enforcement to fail.

By Nick Hubble, Saturday, 12 August 2023

ASX LIVE | XJO to Open Down; Mild CPI Data from the US; Nick Scali, Newcrest, BBN, REA All Feature

US CPI saw modest rise of 3.2% driven by higher food, rent, and energy costs. Should be weak enough to hold rates steady. Earnings season continues, we’ll cover all the biggest names today.

By Kiryll Prakapenka, Friday, 11 August 2023

ASX LIVE | XJO to Open Down; Mild CPI Data from the US; Nick Scali, Newcrest, BBN, REA All Feature

US CPI saw modest rise of 3.2% driven by higher food, rent, and energy costs. Should be weak enough to hold rates steady. Earnings season continues, we’ll cover all the biggest names today.

By Kiryll Prakapenka, Friday, 11 August 2023

ASX:BLD ticker

Boral [ASX:BLD] Shares Up 8.1% after Beating Profit Expectations

Construction materials giant Boral posted strong earnings today, beating expectations as its price increases across the board translated into healthy books. Shares were up by 8.12% this afternoon.

By Charlie Ormond, Thursday, 10 August 2023

It's Not an Energy ‘Crisis’ — It's an Economic Rebound

The Commonwealth Bank is Giving Up on Fossil Fuels — Should You?

CBA delivers a monster profit and a monstrous decision…why the banks’ plans to cut lending to fossil fuel projects is telling…how the timing of the announcement has coincided with fresh supply fears and price spikes in oil and gas…and why investors are in a prime position to capitalise from this underappreciation of energy…

By Ryan Clarkson-Ledward, Thursday, 10 August 2023

Biden Administration and Policy

Bidenomics to the Rescue

We marvel…we wonder…what is wrong with these people? We refer to the staff at Newsweek…who came out with this insipid headline story, ‘Biden Saved the Economy and Launched a New Age of Prosperity. Why Isn’t He Getting Any Credit?’:

By Bill Bonner, Thursday, 10 August 2023

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

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