by Stephen Roberts | 16 Dec, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
In this last economic report for 2024 we turn our attention to what we think may happen in 2025 and 2026. In a nutshell we forecast that Australian economic growth will accelerate from an average annual average of 1.1% estimated for 2024 to 2.3% in 2025 with average...
by Stephen Roberts | 9 Dec, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Australian economic growth was weaker than expected in Q3 with GDP up only 0.3% q-o-q reducing annual economic growth from 1.0% y-o-y to 0.8% y-o-y, the weakest annual growth rate this century barring the period of the covid recession when growth plummeted to -5.8%...
by Stephen Roberts | 2 Dec, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets were mostly much stronger in November with some share markets, including Australia’s ASX 200, making record highs. A combination of a decisive US election win for Donald Trump, continuing signs of above trend US economic growth, more stimulus measures in...
by Stephen Roberts | 25 Nov, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in November in the US, China, Europe and Australia were mostly firmer than expected adding to the risk that the fight to bring down inflation is not over. Donald Trump’s victory in the US presidential election extending to Republican control of...
by Stephen Roberts | 18 Nov, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
As the risk builds of inflation rekindling in 2025 and 2026 views are changing about how far major central banks can cut official interest rates and at what pace. Comments last week by Federal Reserve Chairman, Jerome Powell, that there is no rush to cut the Federal...
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...
