by Stephen Roberts | 14 Feb, 2022 | Economic Weekly
The RBA is aiming to drive Australia’s unemployment rate below 4.0% and believes that the unemployment rate consistent with longer-term non-accelerating inflation holding inside its 2-3% inflation target band is around 3.75%. In effect, a 3.75% unemployment rate...
by Stephen Roberts | 7 Feb, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
In January the focus in financial markets was high inflation and what central banks might do about it. Inflation readings in the US, Europe and Australia matched or were higher than market forecasts. The US Fed responded talking tough policy intentions but still...
by Stephen Roberts | 31 Jan, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
High inflation and mostly strong economic growth featured among the world’s major economies during January although immediate economic growth prospects are softer because of the Omicron wave. Also, key central banks, including the US Fed, are promising to act tougher...
by Stephen Roberts | 24 Jan, 2022 | Economic Weekly
A big risk off week has seen government bond yields rise and share markets fall. The frothiest assets, US tech companies and crypto currencies, saw the biggest falls. The main reason for the sharp falls in financial asset prices last week was further undermining of...
by Stephen Roberts | 17 Jan, 2022 | Economic Weekly
Inflation has taken over from longstanding – 30 years – disinflation during 2021 and it will not go away during 2022 and 2023. The annual rate of inflation in most major economies including the US, Europe and Australia may dip later this year on base effects,...
by Stephen Roberts | 10 Jan, 2022 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets ended 2021 on a strong note. December saw risk assets rise strongly despite the potentially growth crimping threats from rising Delta and Omicron infection rates. For the most part 2021 and December were influenced by stronger than expected economic...
