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,...
by Stephen Roberts | 19 Jul, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Changing covid restrictions in Sydney and Melbourne over the past week will hurt Australia’s Q3 GDP growth rate more than we previously forecast. The introduction of a harder lockdown in Sydney over the weekend including for the first time the construction industry,...
by Stephen Roberts | 12 Jul, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Australia’s growing economy is hitting a Covid speed bump. The economic recovery has barely missed a beat with the brief Brisbane and Perth Q2 Covid shutdowns in Q2 as well as the longer shutdown in Melbourne, but the current shutdown in Sydney is occurring from the...
