Thanks everyone for the support this year. It was another great year of tracking the economy within its global context, as well as pouring scorn on the Rum Corp.
Leith and I hope that you all enjoy a merry and safe holiday period. So does the team at the MB Fund, Damien and Tim.
Chris Becker will take over with daily posting through the new year.
Leith will return January 8 and I’ll be back Jan 15.
The MB Fund will obviously still be in operation throughout. The contact details are below.
Email: |
[email protected] |
Phone: |
1300 623 863 or 03 8658 4038 (Weekdays 9:00am – 5:00pm AEST) |
Looking forward to a booming and more policy constructive 2020!
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
Latest posts by David Llewellyn-Smith (see all)
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– Merry Christmas and a Happy new year !!!
XMas Firstivus! Not.
fckn tunnels.
Merry Christmas all, and all the best wishes for the season.
Its been great following this blog as i have learned a lot and hope to learn more, one of my favourite parts is the diverse opinions even if they sometimes come with a bit of vitriol so i wish a Merry Christmas to all and a safe new year!
Merry Christmas and a Happy New Year to all and sundry!
thanks guys! fingers crossed something improves in 2020, surely the only way is up, no matter what i’ll still be laughing at the comments. mild colonial.
Merry Christmas and a happy and safe New Year to you all.
Marry Christmas and Happy New year to all. Wish you all have success in the new one. Almost time to open my first beer.
Happy festive season MB, David and Leith. Look forward to your insights and opinions in 2020, so get a decent rest. Cheers
Merry Christmas and a Happy New Year to everyone, thanks for making it an interesting year with all your news, links and comments.
Looking forward to 2020 and what unknowns lay ahead for us all.
Pa
It’s been some years here now & I’m still learning! Thank you MB & Commentariat for the entertainment, education, enlightenment & embiggenment provided by all throughout the year, it’s been Most appreciated! Merry Christmas. Nudge.
Dammit. FCKEN!
Anyway Merry FVCKEN Christmas!
https://www.youtube.com/watch?v=KmjHevZOC90
Merry Christmas!
Here’s to another year of having to pay for electricity.
IK. Finally something Barnaby and I agree on. He was spruiking all sorts of nonsense on 2GB this morning — sounded as pissed as a coot but promised the listeners he was having his first coffee of the day 😉
Merry Xmas MB!!
So Becker is playing the role of Michael McCormack.
Oh well, enjoy Hawaii.
Meh, they let them off for electoral fraud. This country stinks.
Happy Holidays everyone
(I’m being inclusive)
Meh, screw that. And screw the Vegans too!
https://www.facebook.com/watch/?v=855701928195221
Come to the coast and we’ll get together, have a few laughs.
https://twitter.com/RudyHavenstein/status/810565572123561985/photo/1
and scroll
If only they could drop the attitude, bring their Manners & leave their road rage behind…. Imagine…..
Hope everyone has some diverse Christmas ham
Too bloody expensive this year. No ham for me.
I’m particularly looking forward to a slice or two of the leg that Auntie Wang managed to get through Customs, disguised as a poorly made prosthetic. Diversity (not to mention vibrancy) is key tomorrow in the New Australia. Melly Chatswoo to all.
And, yes, I’ve been at the rice wine.
Bah humbug!
Haddy Grimmble, Randoob. (John Lennon, 1964)
Me too…happy secular holiday to all
And don’t casually stroll through any sunny pedestrian areas that aren’t protected by bollards.
https://thenewdaily.com.au/finance/consumer/2019/12/22/rba-rates-increase-decrease-pain/
Savers will be rewarded with the next increase in teh rates!
Increase teh rates, fix thing?!
May the Force be with us.
“MB Over Christmas”
Soooo over Christmas?
Was that an intentional double-meaning headline?
All in good fun and the spirit of the season – Merry Merry Xmas everyone!
https://www.youtube.com/watch?v=4MgI4glmzp4
Can we please have a “Festivus for the Rest of Us” comment thread as well ?
The traditional airing of grievances will take a while in this place. About twelve months I reckon…
Not so much an advent calendar as a vent calendar then?
Prediction for 2020.
Xmas 2020. Djia 18000 after massive dump of US treasuries by China in the hope trump wears the economic slump caused by a spike in rates.
The biggest bubble in history…the bond bubble breaks and central banks are powerless. Trust is gone. That’s the cause of the repo market issue – the fed needs to support the market as banks dont trust each other for even overnight funding
Iron ore 55 a tonne
Unemployment in oz 6.5percent and rising
Trump gets reelected but wears the resultant recession that has been delayed in these distorted markets.
Current pe of sp500 26
Long term average 16
28k on the Dow 2019. 2021 xmas djia 12k. All odds 3500 again
You forgot to predict Aussie house prices in 18 months? What do you think?
Here in my area of operations in far western Canberra I’m about to call in the standing patrols, close the gaps in the wire and set the gun picquets up to start the night time sentry roster in preparation for Santa’s arrival. I’ve ordered up one of those “everybody shoot pointlessly into the air for a long time” Arab celebration things, and all automatic weapons are loaded with 100% tracer, to ensure his visit will be appropriately spectacular.
In the meantime, merry Christmas to all who contribute to make MB one of the best places on the internet. Be safe, have fun and see y’all again real soon now.
lol, are fireworks still legal down your way, I used to drive down many years ago, good fun
https://mobile.abc.net.au/news/2019-12-24/josh-frydenberg-gladys-liu-election-dispute-judgment/11824734?pfmredir=sm
Apologies if already posted, but, Straya is more peachystan every day
Scummo has gone full retard.
Oops…wrong link.
https://mobile.twitter.com/Qldaah/status/1209321839387799552
I’ve given up anticipating the depths this cvnt will go. It knows no bounds. What we’re seeing is a warm up for next year.
Laying the groundwork for the same strategies used against Corbyn. I seem to remember someone saying this stuff was starting to be said about Sanders as well.
Lol, us this serious?
Nothing grubbier than playing the race card. So, no surprises there.
A thought goes out to all the other suckers like me who will be working every single day of the festive jebus carnival, to the rest of you chunts – hope the hangovers are brutal fckin.
Barnaby Joyce contemplating the Supreme Being and his concerns about getting nailed in the Ar$e in hell.
I think he might be Pissed,
https://twitter.com/rabbitandcoffee/status/1209406653994455040?s=19
That’s half a case talkin.
Yes.
The full clip has him stating that he just wants the government out of his life.
I’m sure the feeling is mutual,
https://twitter.com/Barnaby_Joyce/status/1209372444726743046?s=09
What the actual fvck barnyard??
You are the fvckin government.
Get fvcked.
But, but – surely, Barnaby wants to be a Minister/Deputy PM again?
What’s annoying about barnyard and clownshoes is we had big george setting policy.
Joyce looks to the sky in some quaint biblical distinction between heaven and hell. Guess what d1ckhead, welcome to hell.
Just enjoyed a thick cut T bone, marinated for a few days, with roast veg and BBQ corn on the cob …
Thank you people. Have a safe and happy xmas everyone.
Here’s hoping scomo gets that long wished for lump of coal in his stocking. My wish for Xmas is to see abbot chew down in that lump of coal like it’s an onion.
Ho Ho Ho, Merry Christmas everyone!
Merry Christmas everyone! How good is Christmas!!! 🎁🎄 😆
Merry Christmas lads as keep up the good work in 2020 as your insights are so great to read on exposing the government BS spin doctors and their corporate masters (incld the MSM).
I live in hope that the masses out there will sooner than later, wake up to the real world of what is really going on here in Australia with the Ponzi Property debt bubble & mass immigration rort. Enjoy your holiday break and have a restful and peaceful Chrissy with lashings of alcohol and food to recharge and re-energise for 2020.
May everyone experience lots of joy over the party season!
I experienced a lot of Joy over Christmas once…
Joy’s good but Harmony is better.
Happy Christmas guys. Thanks for all your work over the year and thanks to all the posters for their contributions. Have s safe and happy one all.
Thank you @teammb @teamnw have a great Boxing Day and leftovers.
As scary as it is, looking forward to 2020 and a new decade of MB keeping the bastards honest.
Thank you.
Have a good one all. And remember: no more than four standard drinks a day 😉
I am definitely keeping to below 4 standard drinks per hour.