a little something for the evening banter…..
Australia major projects pipeline
Interbank Market Stress
Australia – who likes to drive further
Tax Havens and revenues foregone
Household liabilities and GDP
US Overnight Repo rate
External debt to China
Hong Kong migration destinations
China Pork Inflation
Dependence on Commodity Exports
Gold in JPY
Global Stock capitalisation
Europe and US – Governments since 1945
Hated Phrases
Eurozone Sovereign Yields
Eurozone Industrial Production
Australian Households
Australia Temporary Visas
Australia – Rainfall (last couple of years)
The unflushable AUD
Gunnamatta
Latest posts by Gunnamatta (see all)
- Sunday Supplement: February 23 2020 - February 23, 2020
- Sunday Supplementary Links – 16 February 2020 - February 16, 2020
- Australia Day supplementary links January 26 – 27, 2020 - January 26, 2020
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Sunday Supplement: February 23 2020
Toy boys, 1990, Geoffrey Ricardo, Art Gallery
Sunday Supplementary Links - 16 February 2020
Australian Head, to do with the blue, Michael
NOAA: Hottest global January EVER!
Via NOAA: In the span of 141 years of climate
Foxtel shuffles deckchairs on streaming Titanic
Foxtel has reshuffled its senior executive team
Are we allowed to make articles now!?
What?
Kudos gunna….
Yeah. Well…
What would have been *even better* would have been some charts showing the daily ups and downs in 4 hour increments of various markets with some sometimes pithy and frequently misspilled commentary over the current day’s events.
Could call it something like Macro Near the close of business but not always so near on Fridays.
That I could get behind.
Miss MA.
Miss CB. 😢
I will rustle up some daily charts tomorrow eve. I wouldnt take any market analysis from me, but charts I can come up with
No complaints from me Gunna, many thanks!
Wilbs! Are you ever happy you miserable non-member non-member?! 😉. You even sold your bonds at the right time and yet…!
Thanks Gunna.
@A2
What’s got a long neck, steel shoes, a firm rear and lots of carrots?
Peachy’s horse.
But I digress…
Well, after Gunna’s generous response I don’t hear any complaints now?
Can’t figure out which annoys everyone most, my drinking, good looks, charm or financial acumen.
😁
Gunna
Likely not your job, but a summary of the short/medium/long term effects of negative rates would be interesting
8 mill
A start – my readings have me noting there is a relative lack of agreement on what the effects are for whom and over what time frame
The serious consequences of the negative interest rates
https://www.swissbanking.org/en/services/insight/1.15/the-serious-consequences-of-the-negative-interest-rates
Is there a zero lower bound? The effects of negative policy rates on banks and firms
https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2289~1a3c04db25.en.pdf
Negative interest rates
Good for bonds, bad for the economy?
http://static.macquarie.com/dafiles/Internet/mgl/global/advisers/expertise/sh-articles/negative-interest-rates/index.html
What is the point of ultra-low and negative interest rates – and who do they help?
https://www.smh.com.au/business/the-economy/what-is-the-point-of-ultra-low-and-negative-interest-rates-and-who-do-they-help-20191001-p52wpn.html
The dangers of negative interest rates
https://moneyweek.com/516133/the-dangers-of-negative-interest-rates/
UniCredit chief urges rethink on negative rates complaints
https://www.ft.com/content/6406e7a4-e399-11e9-9743-db5a370481bc
QE would undermine finance and capitalism, McKibbin warns
https://www.afr.com/policy/economy/qe-would-kill-finance-and-capitalism-mckibbin-warns-20191008-p52yov
Gunna to the rescue!
But we need one a day!
The standard has been set, a chart dump every arvo
Perhaps just a dump
Well, if we average it out across all the shut-ins on a daily basis, I’m pretty sure you’ve got us covered their Harry.
Might want to raise your ask on that one.
– Great set of charts! They certainly identify a few issues.
Punch a puppy?!?!?!
UK is weird in this general regard. Youff culture has been just wrong since wassssssssssssssssssup entered the lexicon. A severely UK-particular phenomenon.
I blame the Venga Boys, Amy Winehouse and fckn Lewis Hamilton. But not in that order.
In the nuts…
Tar gunna, very generous of you..
Heaps more spiffy than the old Macro Afternoon!
Hey Nikola just got one of these.
It’s the only mini floor tuner pedal with built in battery.
https://www.korg.com/au/products/tuners/pitchblack_mini/
Now just need compressor and boost and I’m all set up.
Well I have missed the supplementary bear pronz posts. So here we go.
Another one bites the greasy patty.
https://www.news.com.au/finance/business/retail/celebrity-chef-shannon-bennetts-benny-burger-chain-placed-into-administration/news-story/d6b788dc1c353a417e718c6172cbb30d
Benny.
Benny.
Benny.
Bennnnnny and the debts!
funny man
Gold to Wilbs. (Or USD if you prefer).
JPY. Please.
Did you not see that Yen/Gold price graph above?
(and the currency, not the entertainer, you chunts)
But if you need real JPY this is pretty good
John Paul Young – I Hate The Music (1976)
https://www.youtube.com/watch?v=RnK8e-Uo1CA
Sigh. Now I have to declare closet JPY worshipping.
Excellent choice Gunna. He does great work. And also makes gold look good too. 😉
I’m just going to sit back for a second and imagine a world without celebrity chefs.
Ahhhhhh…….
So Nullgella is what you seek?
Nullgellasis seek you must.
Really enjoyed the charts, thanks
I want to leverage your synergies
Not without scrumming my wall first you naughty boy.
I’m surprised think outside the box isn’t on there?
That would be picking the low hanging fruit, just to move the needle, you know?
Did anyone see the Leigh Sales interview with Angus Taylor on 7.30 tonight regarding Snowy Hydro 2.0? A train wreck?
that guy should be in jail
Could you imagine him investing in that himself, no chance.
There are plenty of light poles for people like him.
Straya looks a better fit in Africa than Asia ….based on that commodities reliance chart
Dependence on commodity exports and external debt to China charts does not look good for a lot of Africa and South America
Edit beat me to it ^^^
A chart to show why there is a temporary trade war truce
https://twitter.com/SoberLook/status/1182115490254266368
I was with relos up at Deniliquin about 3 weeks ago and they were saying it would be within weeks before the first algal blooms were reported. Bone dry up that way.
Apparent mass fish kill spotted at Lake Pamamaroo near Menindee, sparks fears for deadly summer
https://www.abc.net.au/news/2019-10-14/menindee-fish-kill-at-lake-pamamaroo/11599962
Were you at the Ute Muster Gunna?
No mate, have family between Deniliquin and Wakool. I’m a bit old for doing circle work and guzzling that much booze.
As usual Gunna your literary eloquence cuts to the heart of multiple matters in a way that the membership can understand at its heart.
In this case you’ve managed to encapsulate in a single sentence the essence of why Macro Afternoon is so beloved by all.
The pleasure (fleeting though it is) is all mine sir!
Gunna – one of the stories on SBS’s Struggle Street is a dairying family from Denny (can’t spell it). I’ve heard of Mallee bulls but Denny Dairy Cows look equally as sleek. The filming was obviously done some time ago but they look to be doing it hard. Who’d be a cocky?
So anyone see there is gonna be an inquiry into why the banks haven’t passed on the latest cuts in full? LMFAO what a kangaroo court that will be, oh noes you didn’t lower teh rates enough..
But no kind of inquiry into why perhaps people are allowed to borrow 9x their wage or lowering of lending standards, creation of private debt out of thin air, screwing of retail depositors, the push for QE and other nonsense… Just not enough cutting rates.
The more you know!
https://www.news.com.au/lifestyle/real-life/news-life/roxy-jacenko-publicly-shames-female-jogger-who-keeps-pooing-outside-her-office/news-story/df0a28cac51577410ee1dfc776a41031
But … she’s a woman. I thought that only sugar, and spice and everything nice, candy, flowers and butterflies come out of back there…
Jebus wept. This isn’t the fckn 70s.
Do I really have to explain equal opporpoonity to you?
Yes not even a vibrant Uber driver was responsible…. I don’t know what it is with jogging and pooing. They seem to go together.
Probably an annoyed neighbor because these ‘elites’ are continually ignoring parking signage on at this street.
https://www.smh.com.au/entertainment/celebrity/no-stopping-roxy-and-her-pricey-parking-habits-20190416-p51eki.html
If it were me, I’d throw a drop a bunch of tek screws under the culprits vehicles tyres as I jogged past, too small for the CCTV to pick up
Shes looks to be a good sort.
I found myself wondering if she takes it in the pooper?
ermo
As if you were not thinking the same Harry. Haha.
Sadly no doom predicted…
https://www.smh.com.au/politics/federal/australia-set-to-muddle-through-house-price-pain-economist-warns-20191011-p52zpt.html
https://outline.com/Cd6sqG
Rate cuts having perverse effect..
Good find Gav.
The delicious irony is that the Libs cannot go for the kind of stimulus that actually works, ie posting everyone a cheque and splurging on micro-infrastructure (ie school halls etc), because they rubbished Labor for a decade for doing it.
On the upside, if they do tax cuts again instead, it will i) personally benefit me and you, and ii) not work.
https://theconversation.com/lesson-for-australia-make-it-hard-for-people-to-get-benefits-and-theyll-stop-but-they-mightnt-get-jobs-124170
https://youtu.be/2pKRa27afd8
Sell banks? Economy times.
I witnessed Chinese Belt n Road at its best in Laos.
They will be (are) sorrrrry !