by Stephen Roberts | 29 Jan, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Firmer than expected global economic growth in January, slowing progress reducing inflation and still tight labour market conditions are causing central banks to try and hose down market expectations concerning how soon and how much official interest rates can be cut...
by Stephen Roberts | 22 Jan, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The RBA’s first interest rate decision of 2024 on 6th February could go either way, a pause at 4.35% for the cash rate, or a 25bps rate hike to 4.60%. Economic data released since the last RBA meeting in early December show spending on housing and consumption goods...
by Stephen Roberts | 15 Jan, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Financial assets mostly rallied in December, retraced some ground in the first week of 2024, but have recovered again since. Belief that central banks will start cutting official interest rates this year, beginning as early as March by the US Federal Reserve, is...
by Stephen Roberts | 18 Dec, 2023 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
All going well most major OECD economies, including Australia, should experience easing labour market conditions in 2024 helping to push down inflation and to pave the way for central banks to start cutting official interest rates. Some countries will experience...
by Stephen Roberts | 11 Dec, 2023 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Australia’s real GDP growth rate is slowing and real GDP per capita is already in technical recession with back-to-back quarterly falls in Q2 and Q3 2023 according to the Q3 GDP release last week. Data relating to household disposable income contained in the same...
by Stephen Roberts | 4 Dec, 2023 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets mostly rallied and sharply in November based on views that the US economy may experience a soft landing and that the US Federal Reserve and other major central banks may have finished hiking interest and could start to reduce interest rates before long....
