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...
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...
