by Stephen Roberts | 1 Mar, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose in February even after suffering a late-month setback caused by rising longer-term bond yields on growing market concern that fast-pace economic recovery could prime higher inflation. A battle is developing between the bond market’s view that policy...
by Stephen Roberts | 22 Feb, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic reports and surveys for major economies released during February show mostly renewed signs of economic recovery after a dent from the resurgent pandemic during the northern hemisphere winter. China and Australia are exceptions showing uninterrupted economic...
by Stephen Roberts | 15 Feb, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Over the next three weeks more proof will show of Australia’s great health and economic response to the global pandemic. The latest short, sharp shut-down in Victoria should contain the small Covid-19 outbreak in that state quickly. An orderly and well-planned vaccine...
by Stephen Roberts | 8 Feb, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
In each quarterly Monetary Policy Statement since February last year the RBA has revised upwards its “Baseline” Scenario GDP growth forecasts and downward its unemployment rate forecasts. It has also made modest upward adjustments to its forecasts of annual wages...
by Stephen Roberts | 1 Feb, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose through much of January before giving up gains towards month-end as good news related to covid-19 vaccines, the new presidency in the US and potential for stronger global economic growth was countered by concern about substantial losses of US hedge...
by Stephen Roberts | 25 Jan, 2021 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic reports and surveys for major economies released during January show a blip in Q4 2020 in the “V-shaped” recovery evident in Q3. The source of the blip was the resurgence of covid-19 infections in the northern hemisphere winter and renewed infection...
