It seems the International Monetary Fund shares my uncertainty around the sharemarket. Earlier this month when the Australian sharemarket touched a record high I admitted I was nervous. Was it “peak greed”, with markets getting too hot on the back of irrational optimism? On Wednesday the International Monetary Fund shared my uncertainty. I’m old enough… Read more »
There’s a handy summary of RBA economic data available to click on – and at the moment it’s a very reassuring thing to do. Every day we seem to be bombarded with economic data. It can feel confusing and overwhelming, but the Reserve Bank Australia has your back. At the end of each month it… Read more »
Will 2022 be the year where the world economy recovers from the pandemic? That’s the big question on everyone’s lips as the holiday season ends and the new year really begins. One complicating factor is that most of the latest major forecasts were published in the weeks before the omicron variant swept the world. At… Read more »
With the prospect of a lengthier lockdown looming over Sydney, the idea of “living with the virus” has resurfaced. But it’s not something supported by most economists. by John Quiggin, The University of Queensland and Richard Holden, UNSW NSW’s health minister, Brad Hazzard, raised the prospect of abandoning the lockdown and accepting that “the virus… Read more »
Hey gang, get up to speed on this week’s financial trends with my market updates. This has been a huge week for economic data and a barrage of diverse media commentary scaring everyone. So here’s my take: – Economic growth for June quarter came in at 0.5 per cent which translates to annual growth of… Read more »
