We view early 2022 as a make-or-break period for the world’s major economies, including the Australian economy. Most major economies are leaving 2021 and entering 2022 with strong growth momentum built largely on the highly stimulatory policy settings of most...
Financial markets took in their stride the news on Friday that US annual CPI inflation had climbed to a near 40-year high 6.8% y-o-y in November. The richly valued S&P 500 rallied to a new record high while the US bond market was unperturbed. The prevailing view...
Risk assets gave up ground in November after a strong start to the month. Ample evidence in data reports and surveys of continuing global economic recovery was tempered by concern that resurgent delta variant infection rates in the US and Europe in particular might...
