by Stephen Roberts | 30 Aug, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Doubt about whether strong global economic growth can continue emerged in August as countries with high Covid vaccination trying to live with the virus experienced high infection rates. Hospitalisation and mortality rates, however, were lower so far than in earlier...
by Stephen Roberts | 23 Aug, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
How can Sydney shut up shop in July and the national unemployment show an unexpected fall to a twelve-year low 4.6% in July from 4.9% in June? Moreover, how can it be that New South Wales showed one of the biggest falls in unemployment rate in July, down by 0.9...
by Stephen Roberts | 16 Aug, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Last week we looked at the RBA’s latest economic forecasts and their baseline position that the current reduction in GDP growth would be brief and followed by sharp recovery starting in Q4 and extending through 2022. We viewed the RBA’s growth forecasts as being...
by Stephen Roberts | 9 Aug, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
In its latest set of economic forecasts published last Friday in the quarterly Monetary Policy Statement the RBA shows what it thinks the current Covid shutdowns will do to the Australian economy. The RBA’s “baseline” forecast scenario is one quarter of negative GDP...
by Stephen Roberts | 2 Aug, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk asset performance was mixed in July. The strength of the economic recovery globally and in Australia was cast in doubt by the highly infectious delta strain of Covid-19 and increasing infection rates in many parts of the world including the US, East and Southeast...
by Stephen Roberts | 26 Jul, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Mostly strong economic reports from the major developed economies continued during July although the spread of the delta Covid-19 variant clouds an otherwise robust global economic growth outlook. An important underpinning for stronger growth remains in play, however,...
