Morning,
State and religion still combined @wotsup , these days it's the new Climate change religion, they be nutty as fruit cakes, it won't last though.
Markets are up, Canada has cut rates, ECB to cut tonight. This is before inflation is in check and thus is risky move, pre-emptive, i would have more confidence in these people if they understood inflation wasn't transitory to start with because this means they guess rather than know. ie: they pretend to look and sound intelligent to the masses.
Shelly B says if inflation sticky rates are going up, Chalmers doesn't seem to understand inflation is much worse than high rates and also doesn't seem to understand that his fiscal policies are causing much more inflation than need be, thus raising the chance of Shelly B to lift rates, stable money is most important.
Commodities mainly higher.
3 trillion market cap for Nvidia! Lol
S&P 500 closes at record.
Bitcoin and Gold doing ok.
E-Karen drops case against Musk, No there was never any case, she just a waste our taxpayer monies, C'mon Albo... instant dismissal comes to mind.
Tweets don't load on Hotcopper anymore though so she's got to whoever owns this site and thus censor's us without any laws anyway, sites like this should uphold freedom of information rather than restrict it, this type of thing Hotcopper is doing by not allowing tweets to load anymore should be illegal in a democracy or if we lived in a free democracy.
Aussie GDP no good, even with the record breaking immigration thats making Aussies homeless our economy is still not growing, our government should have pro-growth policies rather than economically destructive ones, Dim Jim needs to wake up to himself and reverse course.
Blue skies here, 12C
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