Jackson Hewett

@doctorow @ProfSteveKeen

McKeen unpacks just how dramatic this change is: since the Thatcher years, house prices have doubled every 23 years. 5/

Here's a surprising stat: from 1845-1960, UK house prices pretty much kept pace with inflation - a house you'd bought 20 years ago could only be sold for more-or-less what you paid for it (technically, houses rose about 0.25% ahead of consumer prices). 1/

JACKSON HEWETT: The market’s surprisingly positive reaction to the concept of a global trade war is one of the reasons interest rates were left on hold. buff.ly/e1TYvaJ

JACKSON HEWETT: As global tensions rise, the Reserve Bank weighs its options amid fresh challenges. Today’s decision could signal a new direction for Australia’s economy in uncertain times. buff.ly/c0jyRcW

My observations on the last few days in markets.

@SecScottBessent made $B's shorting the GBP and Yen with personal wealth of $521m. He knows what happens w tariffs @ scale. “The time to buy is when there’s blood in the streets even if some of it’s yours,” he has said. Disclose your portfolio. #TrumpTariffs #stockmarketcrash

JACKSON HEWETT: Moderating inflation means little when prices are up 25 per cent in five years. buff.ly/3EsUqDq

With the stroke of many pens, Donald Trump has initiated a new world order, and Australia could seriously lose out because of it. 𝐑𝐄𝐀𝐃: buff.ly/40tWfai

JAMIE DUNKIN: Mark Zuckerberg’s latest token gesture has fallen flat, and nobody is surprised. In fact, nobody even noticed the fact-checker was there in the first place. buff.ly/40olOdZ

Global giant BlackRock believes that the business cycle is dead — and AI has a huge role to play in the coming year. buff.ly/3D2NtYZ

Musk will be a renewable advocate in the White House. Can’t colonise Mars without it.

@AvidCommentator This is against a single wage? What does it look like against average household earnings once there are two salary earners?

As requested, Aussie housing affordability from 1998 vs 2024. The 1998 figure is based on benchmark rates, the 2024 figure is based on actual payable rates (this is much lower than benchmark rates). Also income inequality has pushed the average away from the median since 1998.

Supply chain abuzz with talk of LPA shake-up ✏️ @NatashaLobban READ MORE: pulse.auctionsplus.com.au/aplus-news/fin… #APlusNews #livestock

@Meat_Watcher Is it anti-capitalist to be questioning the economist cow’s free-market rights to have 5 limbs?

So called intelligence....

Commbank CEO Matt Comyn on getting to Net Zero emissions: #agriculture will be a huge focus for us over the next year or so. #momentum2024

Stop with the narrative of the Aussie battler - collaborate to grow agtech. Olympia Yarger #evokeag

Farmers forced to carry the cost and risk of agtech adoption even as the “thin edge of the wedge” of food production margins. Great point Justin Webb from @AgriWebb #evokeag2024 #agchatoz

On fake meats, Gates says there’s something missing - “the greasy, oily sizzle” that “gives foods their richness” So he has invested in a startup that oxidises carbon dioxide and hydrogen to replicate animal fat. 👇🍔 #agchatoz

Following the poor take up of alternative proteins, multi-billionaire Bill Gates is hoping to synthetically replicate fats and oils to make fake meat more palatable 👇 ✏️ @jackson_hewett pulse.auctionsplus.com.au/aplus-news/tec…