Official and market Australian economic growth forecasts underestimated the speed and power of recovery through the second half of 2020 and remain at risk of overestimating how long it will take for the economy to recover to its pre-covid-19 growth trajectory. The...
An old English saying relating to March, the first month of spring in the northern hemisphere, is “in like a lion and out like a lamb.” Early spring is often stormy, wintery, and bleak in England but gives way miraculously to new growth in the countryside and often...
Risk assets added to bumper gains in November in December completing a year that ran from deep losses early on to sharp gains for much of the rest of the year. The drivers of the extraordinary change in market sentiment during 2020 were the negative market influence...
