In my previous bulletin, I said the optimism was possibly overblown. By the end of 2023, many pundits proclaimed that inflation had been tamed. Stock markets staged a remarkable comeback. However, in the last few weeks, that balloon of optimism has been punctured well and truly.
Continue readingEconomics
Australian energy mix, summer 2024
Summer, the 3 months from the solstice to the equinox, has just ended in the southern hemisphere. How did Australia generate its electricity over that time? With renewables?
Continue readingInflation bulletin
Stock markets have been pricing in the anticipated end of inflation for the last little while. Is Mr Market right?
Continue readingThe hour is come
Is it possible that Australia has an energy system that is unfit for purpose?
Continue readingWhat’s happening to the US dollar?
In a break from my Australian inflation bulletins, let’s take a look at the US. What is happening to the mighty dollar? In short, it is unhealthy.
Continue readingDon’t just stand there – delete something!
Javier Milei is off to a great start. So refreshing.
Argentinian politics take an oxymoron turn
Oxymoron is a great word, amongst my favourites. As good as ‘transmogrify’ and ‘discombobulate’.
Continue readingInflation bulletin
Inflation data is out for the September 2023 quarter, but there is no reason for celebration.
Continue readingInflation mystifies former central banker
Some people remain mystified by inflation, even some of those who used to be a deputy governor of the Australian central bank, the RBA.
Continue readingOil price boosting inflation?
Don’t be fooled. The rise in the price of oil is not boosting inflation. It is a claim that is politically convenient, but wrong.
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