by Stephen Roberts | 18 Feb, 2013 | Economics, Laminar Economist Stephen Roberts
Key surveys of expectations about future economic activity in the United States and Australia have taken a stronger turn over the past week or so. Improving expectations about economic conditions in both countries, combined with continuing very accommodating monetary... by Stephen Roberts | 11 Feb, 2013 | Economics, Laminar Economist Stephen Roberts
Even though the Reserve Bank of Australia (RBA) left the cash rate unchanged at 3.00% at its February board meeting, the accompanying statement indicated that should domestic demand conditions require, a relatively tame inflation outlook would allow the RBA to lower... by Stephen Roberts | 4 Feb, 2013 | Economics, Laminar Economist Stephen Roberts
Risk assets performed particularly well in the early weeks of 2013, especially share markets, with gains for 2013 so far in local currency terms for the US S&P 500 and the Australian ASX 200 of respectively 6.1% and 6.0% and even bigger gains for Britain’s FTSE... by Stephen Roberts | 28 Jan, 2013 | Economics, Laminar Economist Stephen Roberts
A week away from the first Reserve Bank of Australia (RBA) monetary policy meeting in 2013 and our view remains that further official interest rate cuts are unlikely. Our rate view balances increasing evidence that key overseas economies such as the US and China are... by Stephen Roberts | 22 Jan, 2013 | Economics, Laminar Economist Stephen Roberts
Economic releases over the past week point to upside growth surprises internationally, but local economic growth languishing. Laminar Group views this combination of better-than-expected global growth and soft local growth influencing the Reserve Bank of Australia... by Stephen Roberts | 13 Jan, 2013 | Economics, Laminar Economist Stephen Roberts
Recent international and local data releases continue to support Laminar Group’s out-of-consensus view that the RBA has finished reducing the cash rate. More evidence is accumulating a modest improvement in the global economic outlook. In the US private sector...