Powell's Other Glasses (Ausnotes) 🌸 @ausnotes
All things fintwit. NEVER buy/sell on my tweets. Tweets may contain sarcasm. Investing in the shitcos of yesterday. AUS/US mostly. Pronouns: Long/Short Australia Joined November 2009-
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We're not even in full blown winter and the power grid is starting to shit itself. Baseload futures are rising as well so don't say I'm cherry picking data. Enjoy your "$275" saving along with Kouk's famous rate cuts... cheers.
If only there were signs...like massive downgrade in the Sep update...like new $BAP CEO walking away before taking the role? It may be different this time! 🤔
As always in post Covid times, off a low base. We're still quite a way from what the RBA would need to contemplate cutting but the wealth effect will be under pressure.
As always in post Covid times, off a low base. We're still quite a way from what the RBA would need to contemplate cutting but the wealth effect will be under pressure.
If you get banned by ASIC from giving financial advice, just move into Real Estate
If you get banned by ASIC from giving financial advice, just move into Real Estate
those were the days when people survived 18% rates yet spruikers and so called economics are panicking with the prospect of 5% sad but true
Stagflationary Kiwi jobs number this morning. Unemployment rate rose from 4% to 4.3% (vs 4.2% expected) despite a BIG drop in participation. Employment actually fell (!) while wages grew at 0.8% QoQ. Follows strong employment cost index numbers (wages) out of the USA overnight.
US wage growth prints at shocking 1.2% in Q1 based on the Fed's preferred compositionally adjusted proxy. Looks like the US has a wage/price spiral given services inflation running 6-7%. Not one forecaster of 48 in the Bloomberg survey guessed 1.2%. The Fed will be paralysed with…
DEFLATIONARY SPIRAL /s
What the heck. Last thing I want my government to do is to turn into VC. Zero respect for our tax dollars. afr.com/technology/lab…
Grave crisis in one of the largest countries? theage.com.au/national/victo…
$BRN - $521M market cap, making $1000 a day. epic
Petrol prices basically at record highs. Surely going to be a political talking point any minute
Auction Results - Sold To Listed - Sydney 43.0%, Melbourne 43.0% Volatility continues, but we are well down vs the strong start to year (51-52% for Melbourne, 48-49% for Sydney). On a 4 week moving average, Sydney is 42.0% vs 45.0% for Melbourne. 4 week moving average this…
$KGN management keeps finding new ways to keep delivering paydays...not for shareholders! 🤔 afr.com/markets/equity…
Staggering how much this country wastes on relatively simple projects. We live in a time where there are a huge amount of open source tools at our disposal.
Staggering how much this country wastes on relatively simple projects. We live in a time where there are a huge amount of open source tools at our disposal.
$PBR.A $PBR #PETROBRAS LULA HAS ALREADY GIVEN THE GO-AHEAD FOR PETROBRAS TO PAY THE REST OF THE WITHHELD DIVIDEND PETROBRAS TO APPROVE REMAINING RETAINED DIVIDEND IN 2nd half of 2024 SOURCES
$PBR.A $PBR #PETROBRAS LULA HAS ALREADY GIVEN THE GO-AHEAD FOR PETROBRAS TO PAY THE REST OF THE WITHHELD DIVIDEND PETROBRAS TO APPROVE REMAINING RETAINED DIVIDEND IN 2nd half of 2024 SOURCES
More rate hikes are coming. Rents are close to be increasing at double digit rates, already rising close to 10% in Sydney and Perth. Insurance rising 17%, highest in 25 years, RBA has lost control. Tax cuts from July will make the situation worse #ausbiz #RBA
ABS Inflation - Q1 2024 - Headline QoQ +1.0% vs +0.8% exp, YoY +3.5% vs +3.4% exp - Trimmed mean QoQ +1.0% vs +0.8% exp, YoY +4.0% vs +3.8% exp Its worth noting that this number was recorded with outright QoQ deflation in 4 out of 11 CPI categories (Clothing, Household…
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Dear @Westpac whenever you are down pls let your customers know so they don’t die out of heart attack.
@ausnotes It’s getting cold in Queensland - I even had to wear shorts to bed the other night! Travesty. Winter is coming Boiz.
Behind the scenes with @Ross_Greenwood
@difficultnerd My heritage is Italian. Cash is my human right.
Albo now found out ripping the lines straight out of a movie. Is there anything this clown doesn’t do… Surely he can’t stay PM for too much longer… #AlboTheClownShow
I have never plagiarized anything in my life. I have always been an original thinker and man of integrity.
Please use more #steel met #coal please!! #coalTwitter
⚡HK-listed Chinese property developers and their subsidiaries kept recovering, and China #Vanke jumped over 14%, Country Garden Services rose 12%, and LongFor Group +9%. Vanke's founder Wang Shi gave up 16.8 mln yuan of pensions per year amid the financial stress of the group.
@ausnotes @QBCCIntegrity All 14 million men are responsible for the 23 men that murdered women in dv. No one is responsible for the bishops stabbing young male, or 33x indigenous male dv. More funding is the only answer
“Australia has no culture” Umm think again sweety
@ausnotes @difficultnerd What stuffing the pockets of my union mates with cash (sorry “infrastructure”) costs what it costs.
30-day arrears rise to 1.65pc $NAB #ausbiz
@cjoye Because buyers don’t want to pay more than $57k and sellers don’t want to sell less than $57k
$HLO.ax boomers are on fire. Lets go Japan next !!
If you get banned by ASIC from giving financial advice, just move into Real Estate
LOL - Banned adviser treads predictable path to real estate professionalplanner.com.au/2024/05/banned…
@difficultnerd This can’t be right I was told by the current labor government that Victoria is the engine room of the economy.
@JamesMo86676773 its more so the 3m new retirees by 2030 stats that gets me wet with excitement...
$HLO.AX The over 55 customer group has major demographic and wealth effect tailwinds (SYD propadee) They are gonna be travelling like crazy this decade…
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