by Stephen Roberts | 24 May, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Australia has experienced a strong and quick recovery from the 2020 recession. The Q1 2021 GDP report due next week will see annual y-o-y GDP growth enter positive territory from –1.1% in Q4 2020 and a low-point –6.3% in Q2 last year. How far annual growth moves into...
by Stephen Roberts | 17 May, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
We wrote last week about the well-fed boom, prospective Australian GDP growth roaring along at 4%+ annual growth pace over the next year or two and still on a rich diet of low official interest rates and more government spending. There is an increasing risk that the...
by Stephen Roberts | 10 May, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The RBA has upgraded its Australian growth forecasts again in the Monetary Policy Statement last week. GDP growth has been racing ahead of the RBA’s forecasts since the economy troughed in mid-2020 creating a ritual of big forecast changes every quarter to peak annual...
by Stephen Roberts | 3 May, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose again in April amid more signs of strong global economic growth. Yet bond yields fell with little evidence of strong growth spilling over to higher inflation that might cause an early end to very low official interest rates set by central banks....
by Stephen Roberts | 26 Apr, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
More evidence of rapidly growing global GDP showed in April. China, the first major economy to report Q1 GDP, showed annual growth accelerating to 18.3% y-o-y from 6.5% in Q4 2020. The US will report Q1 GDP later this week and the partial indicators released to date...
by Stephen Roberts | 19 Apr, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
While 2020 and much of 2021 will go down in history as the period of the Covid-19 pandemic that challenged modern economies to their core, 2021 and 2022 are also shaping up to be remembered differently, as the years of the Great Boom. Even as global Covid-19 infection...
