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Economics

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
The Australian dollar is taking a battering and is headed down, down.

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
Even abstracting from high household indebtedness, a sharp slowdown in the property market has wide negative implications for the Australian economy. This is because of the property market's large multiplier effect.

Approved to build more dwellings

BENJAMIN ONG  |  WEDNESDAY, 31 MAY 2017
The RBA and APRA would be looking beyond the monthly approvals figures especially as the year-on-year numbers show continued contraction in the property sector.

No spend, no inflation

BENJAMIN ONG  |  TUESDAY, 30 MAY 2017
Economics 101 teaches us that above-trend growth puts upward pressure on inflation. The latest update on Japan's consumer prices shows just that. The annual headline inflation rate accelerated to 0.4% in April - the fastest since January this year and ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
The importance of this is that it takes US economic growth closer to the Fed's median projection of 2.1% growth (year-on-year) for 2017.

Moody's downgraded and upgraded China's ratings

BENJAMIN ONG  |  FRIDAY, 26 MAY 2017
But nah! China's financial markets didn't give it two hoots.

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
It appears that the US Federal Reserve has taken back the economic agenda from Trump. While financial markets already know the gist of the 2-3 May FOMC meeting from the monetary policy statement announced at its conclusion, the minutes of that meeting ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
If Monsieur Benoit Coeure's - member of the executive board of the European Central Bank (ECB) - recent comments are any indication, don't expect any changes in ECB monetary policy settings anytime soon.

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
As the "permanent income hypothesis" states, consumer spending depends on workers' expectations of the permanency of their current and future incomes.

Macron won't stop populist tide: William Blair

ALEX BURKE  |  THURSDAY, 18 MAY 2017
Emmanuel Macron's election as French President won't be enough to stem the tide of populist sentiment in Europe and its effects on European markets, according to William Blair dynamic allocation strategies portfolio manager Thomas Clarke.