Economics
-
Do we need economists and economic commentary?
Roger Montgomery
February 7, 2014
Let’s suppose you employed someone to flip coins for you because you believed they were a “lucky” flipper. Would you keep employing them, if after 34 years you found that they flipped winners only half the time? Anyone with a penchant for maths or an interest in Martingale may of course be quite satisfied, but the rest of the population would feel the lucky flipper was of little use at all. continue…
by Roger Montgomery Posted in Economics, Insightful Insights.
- 2 Comments
- save this article
- POSTED IN Economics, Insightful Insights
-
MEDIA
Switzer: Emerging Markets and Currency Decline
David Buckland
January 29, 2014
In this interview with Peter Switzer, broadcast on Sky Business, David Buckland takes a look at the issues facing investors when it comes to emerging markets and the decline of their currencies.
by David Buckland Posted in Economics, Foreign Currency, TV Appearances.
- save this article
- POSTED IN Economics, Foreign Currency, TV Appearances
-
The bubble we have to have…
Roger Montgomery
November 23, 2013
Over the course of the last month or so we have been witnessing a coalescing of words, sentiment shifts and policy pronouncements that suggest a bubble is about to be engineered by central banks and governments. The idea that we are in a bubble is thus potentially extremely premature. I am personally becoming convinced that, notwithstanding a few bumps along the way, we may see the inflating of a massive stock market rally that may run hard until 2016. The US credit cycle appears to be only mid way through its typical 5-8 years and the likely Fed heir Janet Yellen is making all sorts of pronouncements suggesting the adjective ‘doveish’ used to describe her is an understatement. continue…
by Roger Montgomery Posted in Economics, Insightful Insights.
- 20 Comments
- save this article
- POSTED IN Economics, Insightful Insights
-
An insider’s perspective of QE
Ben MacNevin
November 14, 2013
Andrew Huszar managed the first round of the Federal Reserve’s Quantitative Easing program, purchasing $1.25 trillion of mortgage-backed securities from 2009 to 2010. The former Morgan Stanley managing director has penned an opinion piece in the Wall Street Journal that questions the efficacy of the program. continue…
by Ben MacNevin Posted in Economics.
- 1 Comments
- save this article
- POSTED IN Economics
-
Australian wages alert
Roger Montgomery
November 1, 2013
Bruno Altin recently asked a very interesting question about Australian wages on my Facebook page. Here’s his question, and my response…
Q: Roger, do you think that wages in Australia will fall to be comparable to the rest of the world? And if yes, do you also think Australia will see a period of unprecedented recession like Europe is experiencing due to lower wages and high debt levels? continue…
by Roger Montgomery Posted in Economics, Insightful Insights.
- 20 Comments
- save this article
- POSTED IN Economics, Insightful Insights
-
Another All Blacks Victory!
David Buckland
October 29, 2013
Australian rugby followers are sick of the New Zealand All Blacks beating Australia mercilessly. That whipping is being extended to agribusiness, and unless the Australian leadership wakes up to itself on the subject of penalty rates, our food manufacturing sector will continue its structural decline at pace! And please don’t blame the high Australian dollar on increased food imports. continue…
by David Buckland Posted in Economics, Insightful Insights.
- 3 Comments
- save this article
- POSTED IN Economics, Insightful Insights
-
US debt ceiling negotiations – down to the wire
David Buckland
October 19, 2013
As expected the US debt ceiling negotiations went down to the wire, and disaster has been averted for three more months. continue…
by David Buckland Posted in Economics.
- save this article
- POSTED IN Economics
-
Reinhart to Fed: don’t taper!
David Buckland
October 17, 2013
One of the world’s leading experts on debt cycles, Professor Carmen Reinhart, recently warned of a substantial policy mistake if the US Federal Reserve begins to “taper” its asset purchase program. continue…
by David Buckland Posted in Economics.
- 8 Comments
- save this article
- POSTED IN Economics
-
Deal or no deal, has the damage been done?
Ben MacNevin
October 16, 2013
The financial markets are on edge as the United States once again comes to the brink of defaulting on its debt. Many commentators have claimed that it is impossible to predict the scale of the fallout if Congress fails to reach a deal, and hence are unsure of how to act. But Central Banks may already be adjusting their reserve holdings as the credit quality of the country deteriorates. continue…
by Ben MacNevin Posted in Economics, Insightful Insights.
- 2 Comments
- save this article
- POSTED IN Economics, Insightful Insights
-
Let’s do Lunch!
Roger Montgomery
October 12, 2013
It’s Good Food Month in Sydney so now is the time to come over to our office in Pyrmont and allow us take you to lunch at one of the fantastic restaurants in The Star complex. Uh, well, actually…no. We can’t. Why? Well unless it’s Friday – they’re closed. continue…
by Roger Montgomery Posted in Economics, Insightful Insights.
- 16 Comments
- save this article
- POSTED IN Economics, Insightful Insights