By Michael Knox
06 August 2019, 4:38 PM
In recent days, world capital markets have been convulsed. It is widely said that this is the result of the aggressive trade negotiation that US President Donald Trump is having with China. In this piece, what I want to look at is first the effects of Trump's tariff proposals relative to the size of US GDP. I then want to look at the position of US financial markets, relative to their underlying fundamentals.
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By Michael Knox
12 July 2019, 1:42 PM
The data has changed since May, they say...
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By Michael Knox
11 July 2019, 10:56 AM
The Fed needs to slow the economy to a long term sustainable growth rate, before it can cut rates.
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By Michael Knox
05 July 2019, 12:19 PM
The RBA still needs two more rate cuts in order to support household consumption and lift inflation towards the RBA target.
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By Michael Knox
28 June 2019, 11:33 AM
We think the Fed will leave rates unchanged.
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By Michael Knox
21 June 2019, 1:51 PM
Rate cuts must be followed by structural reform
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By Michael Knox
20 June 2019, 3:20 PM
The economy is much better than the GDP suggests, but there is much to be done
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By Michael Knox
27 May 2019, 10:15 AM
As MC of the RBA presentation I got to ask some questions up close.
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By Michael Knox
20 May 2019, 12:00 PM
Labor policy of taxing capital to subsidise consumption would have resulted in permanently lower growth.
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By Michael Knox
08 May 2019, 2:07 PM
The RBA is in the same position as the Fed. Employment is strong but inflation is weak. The RBA thinks core inflation will rise. When it falls they will be forced to cut rates.
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