The 11th summit of the Group of 20 (G20) major economies concluded in Hangzhou on Monday, reaching extensive consensus on pursuing innovative, invigorated, interconnected and inclusive world economic growth. ... Read More
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average ... Read More
Terror attacks, refugee resettlement and international instability have shaken up Europe’s tourism market in recent months, as American travelers benefiting from a strong dollar are picking and choosing where ... Read More
Japanese retail sales fell by the smallest margin in five months in July, a possible indication that consumers may becoming less cautious about spending despite slow wage growth and ... Read More
One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused: Hedge ... Read More
One of my regular readers has raised the important subject of Say’s law, the denial of which both Keynesian and modern monetarists are emphatic. They need this fundamental axiom ... Read More
Gold prices have surged nearly 30 percent this year, proving the commodity to be a commonly favored safe-haven for investors in the face of increased market volatility and uncertainty. ... Read More
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow, at ... Read More
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when ... Read More
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and ... Read More
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