by Stephen Roberts | 1 Jul, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
What promised to be another strong month for risk assets in June driven by hope of official interest rate cuts was marred for some in Europe by rising concern about the strong electoral performance of far-right political parties threatening to turn back further the...
by Stephen Roberts | 24 Jun, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in June showed weak global economic growth, still tight labour markets and patchy progress reducing inflation. Some central banks cut their official interest rates for the first time in the current high interest rate cycle, notably the European...
by Stephen Roberts | 17 Jun, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Analogies abound as the RBA Governor and the Federal Treasurer try to explain Australia’s economic outlook given current economic policy settings. The narrow and narrowing path getting inflation down sustainably within 2-3% range is a popular analogy at the RBA, while...
by Stephen Roberts | 11 Jun, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
The Australian economic and interest rate outlook is little changed from what seemed likely back in late-April before going on leave. Economic growth has slowed, but not to stalling point with real GDP up 0.1% q-o-q in Q1 reducing annual growth to 1.1% y-o-y from an...
by Stephen Roberts | 29 Apr, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Economic data released in April again showed most major economies close to recession or experiencing slow growth. Inflation remained sticky and above the targets of most central banks. The difficulty reducing inflation towards target became more pronounced in the US...
by Stephen Roberts | 22 Apr, 2024 | Economic Weekly, Laminar Economist Stephen Roberts, Market Commentary
Several economic data reports and announcements over the next three weeks will determine how long it will be before the RBA can consider cutting the cash rate. The March labour force report last week showed still tight labour market conditions and points towards no...
