by Stephen Roberts | 15 Sep, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Labour market conditions have softened more in the United States than in Australia in 2025 so far and that provides some leeway for the Federal Reserve to cut the Federal Funds rate at the policy meeting this week, but little or no room for the RBA to cut the cash...
by Stephen Roberts | 8 Sep, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The next cash rate cut by the RBA has become uncertain after the economy grew more strongly than expected in Q2. The Q2 GDP report showing a burst of consumption spending, but no growth in investment spending indicates that improving growth in demand in the economy...
by Stephen Roberts | 1 Sep, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rose strongly again in August assisted by hope that the US Federal Reserve might restart rate cuts this month. Another factor helping to keep US technology stocks at the leading edge of the rally this year is belief in the huge earnings growth potential...
by Stephen Roberts | 25 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in August have prompted upward revision to the global economic growth outlook relative to the pronounced slowing feared as the US turns toward higher tariffs on international trade. Q2 GDP reports from the US, Europe and China have come in a...
by Stephen Roberts | 18 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The RBA cut the cash rate by 25bps to 3.60% as widely expected. The statement accompanying the rate cut as well as the update of the RBA’s economic forecasts in the August Monetary Policy Statement implies that the RBA has become less cautious about cutting the cash...
by Stephen Roberts | 11 Aug, 2025 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
According to the market and analysts it is a done deal that the RBA will cut the cash rate by 25bps to 3.60% at the two-day interest rate setting meeting this week. A rate cut seemed a near done deal at the July meeting and did not happen. Will the RBA surprise again...
