December 2019 in Review

Economic Developments Australia: The Reserve Bank of Australia [RBA], held the Cash rate at a record low of 0.75% on 3 December. In commentary the RBA advised that the Australian economy had reached a ‘gentle turning point’, with improvement in …

Economic Developments Australia: The Reserve Bank of Australia [RBA], held the Cash rate at a record low of 0.75% on the 5th of November. Economic consensus suggests the market expects at least two rate cuts by mid-2020. In commentary, the …

The company business cycle is speeding up. In the 1920s companies could expect to remain in the US S&P500 Index for approximately 70 years. Today companies are averaging a life in the US S&P500 of approximately 15 years. One of …

Economic Developments Australia: The Reserve Bank of Australia [RBA], reduced the Cash Rate to a record low of 0.75% on 1 October, well below the yearly inflation rate of 1.6%. This also took bank Term Deposit rates below the inflation …

A Bond yield inversion is when short-dated yields are below long-dated yields, signalling the market anticipates lower interest rates in future, due to weaker economic growth. The US Government Bond 3-month/10-year spread has been inverted for nearly three months, though …

Economic Developments Australia: Australia continues to face considerable external economic risks, including a slowing in the global economy and ongoing trade negotiations between China and the US. The Australian dollar has reduced to 0.6810 against the US dollar …