Business

Michael Pascoe

Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.

Trump's bromance with Vladimir Putin is a re-run of the Nixon/Kissinger playbook, with a twist.

Trump's Russian bromance: Doing a 'Nixon goes to China'

Trump's cosying up to Vladimir Putin is straight out of the Nixon/Kissinger realpolitik playbook, seeking to befried Russia to better contain China, the country he sees as the biggest threat to the US as the world's biggest economy.

Buying bears and selling bulls often works, but sometimes it doesn't.

The unending game of bulls v bears

Arguably the world’s biggest bear at this time last year seems to have disappeared, but the bull who most publicly called him out has himself turned into a bear.

Ironing is one of the great productivity sappers plaguing civilisation

Ironing out the productivity wrinkles

Multiply the number of shirts worn in Australia by the time it takes to remove their natural wrinkles, and you pretty much have the national productivity crisis laid out on your ironing board.

Scott Morrison

The overlooked MYEFO bit that matters most

The fixation with the budget deficit being a few billion one way or the other is arguing about the fleas on the dog – it's economic growth that decides whether the dog is fed or not.