by Admin_CentW | Jun 28, 2019 | Economic Updates
Investment markets and key developments over the past week Global shares were generally soft over the last week ahead of the Trump/Xi meeting at the G20 and with fears that the US Federal Reserve (the Fed) may not be dovish enough in the face of soft...
by Admin_CentW | Jun 21, 2019 | Economic Updates
Investment markets and key developments over the past week Share markets pushed higher over the last week as the Fed and the ECB hinted strongly at monetary easing ahead and as it was confirmed that Presidents Trump and Xi will meet on the sidelines of the...
by Admin_CentW | Jun 20, 2019 | Newsletters
This decade has now seen three global growth scares – around 2011-12, 2015-16 and now since last year. Each have been associated with softening business conditions indicators (or PMIs) as indicated in the next chart – see the circled areas. Source:...
by Admin_CentW | Jun 18, 2019 | Newsletters
For some time our view has been a less upbeat on the Australian economy than the consensus and notably the RBA. The reasons were simple. The housing cycle has turned down and this is weighing on consumer spending. And this is at a time when the risks to the global...
by Admin_CentW | Jun 14, 2019 | Newsletters
While some have expressed surprise at the recent resilience in the value of the Australian dollar around the $US0.69-0.70 level despite weak Australian growth and Reserve Bank rate cuts, from a big picture sense it has already fallen a long way. It’s down 37% from a...