See the latest Australian dollar analysis here:
A quiet last day of trading before the Christmas break here in Asia with some mild raises across stock markets and low volatility in currency land. Bitcoin has fallen below the $23000 support level thought, and gold is steady at its start of week trading level at $1875USD per ounce:

The Shanghai Composite is down nearly 0.25% to remain below the 3400 point level, while in Hong Kong the Hang Seng Index has gone the other way to currently be up 0.25% to 26412 points. Japanese stock markets are doing a little bit in a stronger session so far, with the Nikkei 225 gaining 0.5% to be at 26665 points as trading in Yen remains muted, the USDJPY pair still below short term resistance at the 103.80 level and going nowhere:

The ASX200 finished early with a 0.3% rise to 6664 points while the Australian dollar is finding some life and is almost back above the 76 handle and to its start of week trading level and momentum gains on the four hourly chart at least:

Eurostoxx and S&P futures are basically steady and going nowhere with the four hourly chart of the S&P500 wanting to move above the 3700 point level but probably unlikely as we head into the Christmas break:

The economic calendar is empty of course because its Christmas Eve! But there’s bound to be some surprises coming out of the US Congress as they try to wrestle the fat orange pigeon off the chess board and try to pass another stimulus package.
Have a good Christmas, see you all on the other side of the weekend as I keep the lights on here at MB. Cheers!
- Macro Afternoon - January 19, 2021
- Macro Morning - January 19, 2021
- Macro Afternoon - January 18, 2021
Sh!t,…I’m late for beer O clock
Anyone up for a beer at Eastwood Biso’s?
No you’re not
It’s just time trickery .
Thanks for the invite but the Insular Peninsula became more insular .
A leper colony.
another time mate.. just oppened my first one at home.
UNITED STATES: CALIFORNIA UPDATE …
California loses 70,000 residents 2019 to 2020 … Wendell Cox … New Geography
https://www.newgeography.com/content/006891-california-loses-70000-residents-2019-2020
San Francisco: Drug Overdoses Have Killed Four Times More People Than COVID … Zerohedge
https://www.zerohedge.com/political/san-francisco-drug-overdoses-have-killed-four-times-more-people-covid
Sorry, I miss the point of these notes.
Throughout human history, pandemics and tragedies don’t just cause DIRECT harm and loss of life, but also INDIRECT. Covid is of course no different.
Naturally any change in society is going to cause many people to be worse off whether it be financially, alcoholism, drug abuse, smoking, gambling or many other negative influences.
So these numbers shouldn’t surprise anyone. Where I get p!ssed is when people say the lockdowns are causing this and the virus should rip.
Here is a video on California. I don’t know if it will get past the Ministry of Truth censorship:
https://www.youtube.com/watch?v=ZeCaYaG-ZRM
Why are people LEAVING CALIFORNIA | California’s Disaster is Worsening … Youtube
https://www.youtube.com/watch?v=RA0iV8R65co
I’ll allow it, but its a bit snowflakey isnt it? I mean I get CA has its problems (I have family there) particularly housing and high immigration (sound familiar?) but I turned it off when he started whinging about having to wear a mask and you know, be a responsible citizen. LOL
I find it hilarious how so called liberty lovers want all the freedom, but NONE of the responsibility. You can’t have a more anti-conservative attitude that that…
Agreed
JP’s a fairly standard issue anti-vaxxer/conspiracy theorist/libertarian, so it should come as no surprised to anyone he’s also peddling “health supplements” and makes videos wall to wall with fallacies.
The major theme is the population shifts at States level (the article at top from New Geography) and considering the reasons why.
Just skip the distractions !
It hasn’t been a good year for Libertarians.
Freedom for wolves is death to the lambs.
If ZH wasn’t reason enough to steer away:
I’d be careful about making long-term predictions based off a single data point. Especially when there’s a decent chance Phoenix and similar cities will be practically uninhabitable by mid-century due to climate change.
I thought Phoenix was already uninhabitable?
I’m sure a nice Chinese red would be just the thing with this …..
https://www.cnn.com/travel/amp/mcdonalds-china-oreo-spam-burger-intl-hnk/index.html
Merry Christmas!! And if that offends you, merry Christmas
Merry Christmas Mig – sometimes you can be a real Karnt but gee sometimes you make me laugh – take care of yourself over the break and look forward to observing you offend many folks again next year.
back atcha
“There is nothing quite like the spirit of….
DECEMBER GLOBAL HOLIDAYS!?!
We see you, Google.
We’d be happier if you just ****** off and said nothing it all. https://t.co/KQ8qZy1ZNL”
https://twitter.com/FAustralians/status/1341989672021463042?s=19
Spent years working for American companies
…watched them awaken from Merry Christmas to Happy Holidays ……I always used Merry Christmas in my communications ……Might have limited my career …
….and America’s identity is now what ?
Whoops, looks like the ‘mystery’ 28 year old with a lazy $4m to her name…….didn’t.
https://www.news.com.au/entertainment/tv/reality-tv/the-block-jimmy-and-tams-buyer-who-is-emese-fajk/news-story/fd63412490b8191bb31520d5a9dc0555
https://www.domain.com.au/news/the-block-2020-jimmy-and-tams-house-for-sale-again-after-settlement-fails-1017000/?utm_campaign=strap-masthead&utm_source=the-age&utm_medium=link&utm_content=pos5&ref=pos1
My whole life is about FinTok now
“Fintok about to run wild on Robinhood with a $2k stimulus check. https://t.co/T2Bi7VHflF”
https://twitter.com/TikTokInvestors/status/1341569211647201280?s=19
More 4r me
Us.
Chunse
https://asic.gov.au/about-asic/news-centre/find-a-media-release/2020-releases/20-341mr-asic-obtains-freezing-orders-against-perth-based-property-developers/
And WBC execs get a pass from asic…
I have a question.
If these snakes are only found in mangroves around the jetty does it not stand to reason they’re only there because they originally fell off a boat from lands unknown?
https://www.abc.net.au/news/2020-12-24/wa-government-approves-broome-mangrove-snake-habitat-clearance/13009710
“An executive for a voting machine company that has been the target of conspiracy theories in the aftermath of Donald Trump’s 2020 election loss and been baselessly accused of swinging the results against the President is suing his campaign and conservative media figures for defamation.”
https://edition.cnn.com/2020/12/23/politics/dominion-voting-executive-defamation-lawsuit/index.html
Wondered how long that would take.
K R A K E N
Where do Australian veterinarians send their bruised koalas for treatment?
Koala Lumpa.
ASIC quietly announce that insolvency holidays will not be extended past December 31st. 1st quarter will be interesting.
https://www.afsa.gov.au/about-us/newsroom/temporary-debt-relief-measures-will-be-wound-back-1-january-2021
Terrain Terrain …pull up !…..pull up !
ASIC will be pulled into line very shortly, and insolvent trading will become a permanent feature of the Australian “economy”, along with not paying back your mortgage and not being evicted if you do same.
ASIC will not exist shortly once Josh Rainbowberg gets rid of the sheltered workshop that it is?
Santa’s on to we shut ins.
https://imgur.com/gallery/kPfIMtW
Here’s a new word for you chnvts FCKEN.
https://www.agriculture.gov.au/biosecurity/avm/vessels/human_health/vessel-pratique
test
Progressive
Interlaced does me.