Australian labor market statistics
Recession Fears Assuaged by Data
August 15, 2024
Since midyear, worries about intractable inflation had been overcome by concerns that tight monetary polices in the United States and elsewhere had hung around too long and were now pushing economies toward recession. Data reported today seemingly lessen the possibility of that alternative danger. A Goldilocks scenario with low unemployment, positive economic growth and continuing […] More
Optimism Growing that U.S. Debt Default Can Be Averted; Inflation Still Too High; and G7 Leaders Gathering in Hiroshima for Annual Summit
May 18, 2023
Negotiator comments that progress is being made in the U.S. debt ceiling talks is better than the alternative, but investor caution is advised. The vote to elect Kevin McCarthy Speaker of the House underscored the great difficulty in getting Republican members to agree on anything constructive. Best to assume that a U.S. default has been […] More
Optimism Bumps Up that Recovery Can Withstand Covid, Higher Inflation, and Central Bank Tightening
October 14, 2021
Equities have experienced a better session, with higher closes in Asia of 1.5% in Japan and South Korea and 1.4% in Indonesia. Hong Kong was closed for the Chung Yeung festival. The German Dax, Paris Cac and British Ftse are respectively up 0.9%, 1.0% and 0.7%, and U.S. futures point to similar gains. The move […] More
