by Stephen Roberts | 11 Nov, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Last week US voters provided a sweeping victory to Donald Trump, the US Federal Reserve announced a 25bps cut to the Federal Funds rate to 4.75% and indicated more cuts to come and China’s National Peoples’ Congress announced a large spending package to help local...
by Stephen Roberts | 4 Nov, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets mostly traded weaker in October, breaking the rallying run set over the previous few months. While there were signs in October that major economies such as the US economy and even the Australian economy were performing better than expected, that news came...
by Stephen Roberts | 28 Oct, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The global economic growth outlook took a brighter turn in October aided by the US Federal Reserve starting to cut rates as the US economy continues to grow above long-term trend and an opaque set of economic stimulus measures to boost China’s flagging economy....
by Stephen Roberts | 21 Oct, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The latest labour force report for September is again very strong and means that any hope of a rate cut from the RBA before the New Year is gone. We also see the chances of a February 2025 rate cut fading fast and look towards May being the first opportunity for the...
by Stephen Roberts | 14 Oct, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The latest batch of Australian economic readings have been curiously strong going against the widely held view that high interest rates are pummeling the economy and heralding a firmer Q3 GDP report (materially higher than 0.2% q-o-q recorded in each of the previous...
by Stephen Roberts | 7 Oct, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rallied mostly in September aided by the US Federal Reserve starting to cut interest rates and a policy pivot in China with the authorities announcing stimulus measures aimed mostly at China’s beleaguered share and residential property market. The US...
