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Macroeconomic News: Insights into Economic Trends and Developments

increase to usa taxes 2022

Degenerate, Decline and Distort

Today, we look at distortions.

The US economy is transitioning…it is affirming its true nature…or distorting it.

So, let’s not misidentify it!

By Bill Bonner, Thursday, 27 July 2023

Recession in Australia - Is the Recession Over?

Gear Up for a Hot August!

Although it feels quite civil here in Australia, it’s a sharp contrast to the open conflict across the world. Tension is boiling in many countries to the point where it’s made the headlines . It feels like society is hanging by a thread. It only takes something small to plunge everything into disarray…

By Brian Chu, Thursday, 27 July 2023

ASX LIVE | XJO to Open Flat after US Fed Raises Rates to 22-Year High, Meta Beats Earnings

In no great surprise the Fed raised rates 0.25 points to a 22-year high of 5.25-5.50%. The Fed left the door open for further hikes, saying it wants to see more downward price pressures. XJO signals a flat opening

By Kiryll Prakapenka, Thursday, 27 July 2023

ASX LIVE | XJO to Open Flat after US Fed Raises Rates to 22-Year High, Meta Beats Earnings

In no great surprise the Fed raised rates 0.25 points to a 22-year high of 5.25-5.50%. The Fed left the door open for further hikes, saying it wants to see more downward price pressures. XJO signals a flat opening

By Kiryll Prakapenka, Thursday, 27 July 2023

ASX LIVE | XJO to Rise, Market Awaits Inflation Data Today; Google and MSFT Post Earnings

ASX Futures point to XJO to open up. Market eagerly awaits Aus CPI data due at 11:30 AEST. Gold and Oil prices remain strong, earnings season is in full swing.

By Kiryll Prakapenka, Wednesday, 26 July 2023

US economy header

The Big Switch

Last week, we were exploring the issue. The secret, we believe, is that the federales have lost their minds. The Trump Team went bonkers in the COVID Hysteria with a deficit of US$4.2 trillion in 2020…then the Biden Bunch followed up with another US$1.4 trillion deficit in 2021.

By Bill Bonner, Tuesday, 25 July 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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