by Stephen Roberts | 22 Nov, 2021 | Economic Weekly
The Australian economy is more than a month into the rebound after the lockdowns in New South Wales, Victoria and the ACT but most of the official economic data releases due over the next 10 days will look backwards to Q3 reflecting the worst of the damage to economic...
by Stephen Roberts | 15 Nov, 2021 | Economic Weekly
Last week we wrote about the shift in monetary policy over recent years from preemptively attacking the first signs of inflation to reacting to inflation once it is established in the data. The shift in policy thinking by central banks came in the latter years of the...
by Stephen Roberts | 8 Nov, 2021 | Economic Weekly
The latest set of economic forecasts released by the RBA in the November Monetary Policy Statement again show upward revisions to annual change in wages and inflation expected in 2022 and 2023. Indeed, the revisions are the biggest so far in a series of upward...
by Stephen Roberts | 1 Nov, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Conflicting influences on financial markets through October increased volatility but with most risk asset markets recovering their losses from the previous month. Australian financial markets went against the improving trend elsewhere with a late month sharp lift in...
by Stephen Roberts | 25 Oct, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The pace of the global economic recovery eased in Q3 evident first in China’s Q3 GDP report and with more confirmation expected in GDP reports from the US and Europe over the next week or so. Inflation pressure has not peaked yet from elevated demand for goods...
by Stephen Roberts | 18 Oct, 2021 | Economic Weekly
The lockdowns in New South Wales and Victoria have played havoc with Australian monthly labour force data. In the past two reports for August and September a collapse in the number of people considered active in the labour force (defined as employed or unemployed) or...
