All posts by Michael Knox
Chief Economist and Director of Strategy
By Michael Knox
20 March 2019, 2:41 PM
Keeping rates stable as inflation rises provides support for the US economy to guard against a hard landing or actual recession.
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By Michael Knox
15 March 2019, 2:45 PM
On the more reliable Trend measure, there was no per capita GDP recession in Australia last year; although there was one in 2008.
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By Michael Knox
22 February 2019, 11:14 AM
The US dollar is overbought against both the Euro and the Aussie Dollar. US bonds are also overbought. Rising inflationary expectations will cause a sell off in the US dollar and in US Bonds.
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By Michael Knox
18 February 2019, 1:25 PM
A decline in the stocks to consumption ratio for refined products puts upward pressure on the oil price.
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By Michael Knox
24 December 2018, 9:23 AM
The world economy will continue to produce healthy growth in 2019
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By Michael Knox
24 December 2018, 9:13 AM
A more modest outlook for US growth and US inflation has reduced the number of rate hikes the Fed needs to make.
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By Michael Knox
17 December 2018, 3:09 PM
The Fed will need to slow the US economy and lift US unemployment from 3.7% now, up to around 4.6%, if it wants to stabilize US inflation in the long term.
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By Michael Knox
30 November 2018, 1:47 PM
A declining stocks to consumption ration of iron ore in China will put upward pressure on the price.
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By Michael Knox
29 November 2018, 12:00 PM
The equities market is moderately cheap and should rally from here. Still, continual Fed tightening is slowly squeezing fundamentals.
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By Michael Knox
23 November 2018, 2:09 PM
Spectacular growth in earnings per share for the S&P500 are giving way to slower but solid growth.
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