by Stephen Roberts | 15 Apr, 2013 | Economics, Laminar Economist Stephen Roberts
Economic readings in the US and Australia surprised mostly on the downside of market expectations, but several special factors were in play during the capture period for the data which raise doubt about whether the softer data mark a weaker turn in either economy. We...
by Stephen Roberts | 12 Apr, 2013 | Economics, Laminar Economist Stephen Roberts
Risk assets were mostly stronger through to mid-March reflecting greater optimism about global growth prospects. From mid-month the rally in risk assets was challenged by rising uncertainty. Europe’s economic difficulties came back sharply into focus with the bail-out...
by Stephen Roberts | 25 Mar, 2013 | Economics, Laminar Economist Stephen Roberts
Rising economic or political uncertainty usually casts a pall on the prospects for risk assets, but often the damage is temporary providing economic growth prospects remain promising. Uncertainty about how the bail-out for Cyprus will progress and even some doubt...
by Stephen Roberts | 17 Mar, 2013 | Economics, Laminar Economist Stephen Roberts
Laminar Group’s view that the US and Australian economies will grow more strongly through 2013 than most analysts are forecasting rests primarily on our view that household spending will accelerate strongly. Early signs that this may be starting to occur are showing...
by Stephen Roberts | 11 Mar, 2013 | Economics, Laminar Economist Stephen Roberts
Economic growth may be gathering pace in the United States and Australia according to economic releases over the past week adding weight to our view that the Reserve Bank (RBA) is unlikely to cut the 3.00% cash rate any further. Another key consequence of the...
