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...
by Stephen Roberts | 12 Apr, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
A powerful economic recovery driven by the greatest government spending spree since World War II and working in tandem with monetary stimulus means inflation is coming. Three decades of disinflation where every cyclical peak in inflation has been lower than the...
by Stephen Roberts | 6 Apr, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose in March amid growing signs that global economic growth will power ahead this year and next. The growth signals from the US are especially strong with employment booming, the passage of President Biden’s $US1.9 trillion stimulus package and the...
