by Stephen Roberts | 1 Sep, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose strongly again in August assisted by hope that the US Federal Reserve might restart rate cuts this month. Another factor helping to keep US technology stocks at the leading edge of the rally this year is belief in the huge earnings growth potential...
by Stephen Roberts | 25 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in August have prompted upward revision to the global economic growth outlook relative to the pronounced slowing feared as the US turns toward higher tariffs on international trade. Q2 GDP reports from the US, Europe and China have come in a...
by Stephen Roberts | 18 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The RBA cut the cash rate by 25bps to 3.60% as widely expected. The statement accompanying the rate cut as well as the update of the RBA’s economic forecasts in the August Monetary Policy Statement implies that the RBA has become less cautious about cutting the cash...
by Stephen Roberts | 11 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
According to the market and analysts it is a done deal that the RBA will cut the cash rate by 25bps to 3.60% at the two-day interest rate setting meeting this week. A rate cut seemed a near done deal at the July meeting and did not happen. Will the RBA surprise again...
by Stephen Roberts | 4 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose in July amid signs that the US and global economies are faring better than hoped with rising US trade protectionism. The market’s ‘risk-on’ trading attitude in July could be tested in August. At the beginning of August soft, US July labour market...
by Stephen Roberts | 28 Jul, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in July showed that while global economic growth is moderating, the damage so far is not as much as feared from the US policy turn towards imposing higher trade tariffs. Also, progress reducing inflation is stalling rather than reversing. Part...
