The Australian V-shape recovery continues

By Michael Knox

27 January 2021, 2:12 PM

We estimate the Australian GDP grew by 2.7% in Q4 2020. Michael Knox, Morgans Chief Economist discusses how the Australian economy is recovering, following the Covid-19 pandemic in 2020.

The Australian “V” shaped recovery

By Michael Knox

19 January 2021, 9:00 AM

Movement in hours worked during 2020 shows that a rapid fall in output was followed by an equally rapid “V” shaped recovery. Surprising strength in hours worked in the second half of 2020 suggests surprising strength in GDP.

Five questions on the Australian economy

By Michael Knox

18 January 2021, 2:26 PM

In this issue, I would like to talk about five questions that give us an updated view of where we think the Australian economy is going.

The RBA can limit the rise of the Australian dollar but not prevent it

By Michael Knox

31 December 2020, 11:30 AM

The RBA will need to keep quantitative easing in place for at least three years and probably four.

Morgans Chief Economist, Michael Knox, shares his thoughts on the future of Australian economic policy with the Morgans network.

US risk and US opportunity

By Michael Knox

10 December 2020, 11:50 AM

The US economy is strong, but Biden's tax policy could derail earnings.

Morgans Chief Economist, Michael Knox, touches on how he believes the Biden program may influence both the US economy and after-tax earnings in 2021.

Are emerging economies about to boom?

By Michael Knox

29 November 2020, 10:44 AM

A falling US Dollar and cheap US rates should generate increased US dollar finance for trade in emerging economy exports.

Will oil break upwards?

By Michael Knox

25 November 2020, 11:30 AM

Michael Knox discusses how the falling US oil stock levels and a falling US dollar will help oil trade upwards over the next quarter.

RBA says no negative rates for Australia

By Michael Knox

12 November 2020, 10:35 AM

The RBA has now cut the cash rate to an all-time low. The cash rate can’t go any lower than zero because the RBA is against negative interest rates. They want to keep the three-year bond yields low. Rates will stay low for an extended period of three years or so.

US Political risk, stock market risk, commodity opportunity

By Michael Knox

11 November 2020, 10:55 AM

US Election still subject to recounts and court action, Equities blind to value risk, but big US Budget Deficit will drive US Dollar down and commodity prices up. Morgans Chief Economist, Michael Knox analyses what could possibly happen in the US economy, following the presidential election.

Trump Vs Biden: Beware of left wing populists bearing gifts

By Michael Knox

30 October 2020, 4:00 PM

With the US presidential election taking place next week, Morgans Chief Economist Michael Knox explains how both Trump and Biden's programs aim to produce large stimulus however, the Biden program includes large business taxes and business regulations which could potentially damage employment, GDP, and living standards.