by Stephen Roberts | 14 Oct, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The latest batch of Australian economic readings have been curiously strong going against the widely held view that high interest rates are pummeling the economy and heralding a firmer Q3 GDP report (materially higher than 0.2% q-o-q recorded in each of the previous...
by Stephen Roberts | 7 Oct, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Risk assets rallied mostly in September aided by the US Federal Reserve starting to cut interest rates and a policy pivot in China with the authorities announcing stimulus measures aimed mostly at China’s beleaguered share and residential property market. The US...
by Stephen Roberts | 30 Sep, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in September again show soft global economic growth and slow progress reducing inflation. Several central banks reduced official interest rates, including the US Federal Reserve for the first time this cycle and by 50bps taking the Funds rate...
by Stephen Roberts | 23 Sep, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The latest labour force report for August shows employment up more strongly than widely expected. Total employment is up 47,800 in August after a revised 48,900 gain in July. Over the year ending August employment is up 374,700, or 2.7% y-o-y, a remarkable increase...
by Stephen Roberts | 16 Sep, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Over recent months several major central banks around the world have started to cut official interest rates and this week the US Federal Reserve looks set to join the group. None of the central banks cutting official rates have brought inflation down to their...
by Stephen Roberts | 9 Sep, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Australian economic growth has slowed through the first half of 2024 to 1.0% y-o-y from 1.6% y-o-y in the second half of 2023 and 3.7% y-o-y in the first half of 2023. At face value, that is the order of growth slowdown that could ease inflation and allow the RBA to...
