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...
by Stephen Roberts | 29 Mar, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
More signs showed of global economic recovery in March albeit bumpier in some parts such as in the US and Europe. Positive news of rising Covid-19 vaccination rates was tempered by an increase in infection rates in some countries including several in the EU forcing a...
by Stephen Roberts | 22 Mar, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The ‘V-shaped’ economic recovery is most powerfully evident in Australian monthly employment data since the beginning of the pandemic. Just before the employment losses from the pandemic total employment peaked at 13.009 million people in February 2020. Total...
by Stephen Roberts | 15 Mar, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Senior RBA officials remain adamant that official interest rates will not need to rise until 2024, at the earliest. The message will be reinforced again when RBA Governor Philip Lowe speaks this week and despite repeated admissions that the economy is recovering more...
by Stephen Roberts | 9 Mar, 2021 | Economic Weekly, Market Commentary
Australia recorded back-to-back 3%+ real GDP growth in Q3 and Q4 2020 showing the sharpest bounce from the depths of the pandemic recession of almost all major economies. The question now is how long Australia’s out-performance will last. Another question is will...
