Wry & Dry #13-26 “…like a Colossus.” Two graves. Lipstick on the pig.
“Why, man, he doth bestride the narrow world like a Colossus.” This is how Uncle Albo now wishes Australians to see him, after his world changing overseas trip. And boy, did he puff out his chest.
And why not? His recognition of Palestine as a sovereign nation played a part in Trumpster’s Nobel Peace Prize Plan (Gaza chapter). And it must be true, as he himself told us: “There is no doubt that recognition played a role in building momentum towards peace.” Sigh. Success has many parents.
September CPI: Implications for Markets and Housing
The September CPI print has shifted the narrative surrounding monetary policy in Australia. While global inflation has shown tentative signs of moderation, the Australian experience highlights the structural persistence of price pressures in non-tradable goods and services.