by Stephen Roberts | 12 Sep, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The Australian economy grew in Q2 2022 at 0.9% q-o-q, 3.6% y-o-y and at a decade best 3.9% annual average real rate in 2021-22. In current price terms the economy was extraordinarily robust and grew in Q2 at 4.3% q-o-q, 12.1% y-o-y. Strong growth appears to have...
by Stephen Roberts | 5 Sep, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
During August sentiment in financial markets took a bearish turn as the US Federal Reserve slapped down the market’s notion that an end to rate hikes was in sight, instead warning that it would do whatever was necessary to bring down inflation. The idea that rising...
by Stephen Roberts | 29 Aug, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Global economic growth is losing pace but inflation remains uncomfortably high according to economic reports and data releases through August. Also concerns are emerging that inflation could stay higher for longer adding to the difficult task faced by central banks...
by Stephen Roberts | 22 Aug, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Australia is approaching peaks in annual economic growth and inflation probably in Q3 and possibly in Q4. One problem facing the RBA and what it may need to do to the official cash rate is that it will not know how high those peaks are until the data releases – late...
by Stephen Roberts | 15 Aug, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
There have been twists and turns aplenty in the outlook for the global and Australian economies so far this year. Stronger for longer with central banks behind the curve tackling inflation, gave ground to central banks fighting to catch up with aggressive rate hikes...
by Stephen Roberts | 8 Aug, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Has the RBA braked hard enough to deliver slow enough growth to deliver annual inflation back inside 2-3% target band over the next 2-3 years? The question comes with a couple of tweaks – braked hard enough with the addition of one or two more rate hikes and slow...
