Dear Reader, The four most expensive words in history are said to be ‘it’s different this time’. Normally those words are used to justify some sort of insane price rise in an asset class. In other words, people trot out those four words when a bubble is forming, and the high prices have decoupled from […]
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
The Decade Long Recovery — US Economic Recovery from COVID-19
Dear Reader, The Federal Reserve Bank did the unthinkable back in April. It unleashed US$3 trillion onto the financial system in less than three months. However, as Jim points out today, think of that money as a mere bridging loan for the US. Unemployment data is expected to rise for the US as of September […]
Economic Recovery: Australia to Dig Its Way Out of Pandemic Mess
Successful investors adapt quickly to change. And today’s piece is almost contrarian when it says mining and Chinese debt could underpin Australia’s economic recovery…
Jerome Powell, the Inflator — The US Fed’s Policy on Inflation
Jerome Powell has abandoned any care about inflation… The US Federal Reserve Chair confirmed this at this year’s (virtual) Jackson Hole summit. Stating that the Fed would no longer be strictly targeting an average 2% inflation rate for the US economy…
Our Own Lost Decade: ‘Stagflation’ and the Pathway Out of this Recession
Dear Reader, A couple of weeks ago we touched on the stagflation puzzle. And then I deviated back onto gold. But today, it’s important to come back to the topic of stagflation. Depending on how long you’ve been subscribing to my daily musings, you’ll probably know I’ve spent quite a few years predicting a recession. […]
Party Is Over for Australian Universities — Education and the Economy
There is likely to be a seismic shift in the coming months and years for education. But if you plan accordingly for it, then you might be able to make some serious gains from it. I can’t see a future where education isn’t a key part of our economy. Just maybe, not as we know it…
