Australia recorded back-to-back 3%+ real GDP growth in Q3 and Q4 2020 showing the sharpest bounce from the depths of the pandemic recession of almost all major economies. The question now is how long Australia’s out-performance will last. Another question is will...
Risk assets rose in February even after suffering a late-month setback caused by rising longer-term bond yields on growing market concern that fast-pace economic recovery could prime higher inflation. A battle is developing between the bond market’s view that policy...