Wry & Dry #18-26 Longer than a lettuce. The beginning of the end? It was 50 years ago.
Sussan Ley’s tenure at the top of the Liberal Party looks increasing like that of a lettuce. Trumpster’s bluster about election of a radical left-wing mayor of New York missed the main story: swings of over 7% away from Republicans in special state elections. Is this the beginning of the end of the penny section for MAGA?
On Tuesday it will be 50 years since the imperious PM Gough Whitlam was given the DCM by the GG. Expect the hagiographic media articles to overlook one glaring hypocrisy.
Rates, Inflation and Retail: Reading the Signals Behind the RBA’s Cup Day Hold
At Investment Matters, we try to avoid focusing on the minutiae of economic and interest-rate policy. Consuming seemingly endless writing on perceptions of the Reserve Bank (RBA) and changes in the underlying data may be a staple for the investment team, but not necessarily critical to Readers.
But there are exceptions, and the changes over the last week, including the RBA’s decision to hold the cash rate at 3.6% on Melbourne Cup Day, as widely expected, deserve attention due to their impact on markets and the Australian economy.