budget deficit

The US view suggests a weaker dollar, lower growth and long-term tariffs, but it's not all bad news, especially for Australia.

It’s possible the $US is losing its ‘safe haven’ status.

Its GDP is growing – but relies upon mammoth, debt-fuelled deficits. Without this “stimulus” the U.S. would’ve been in recession since 2009.

He’ll likely win because the U.S. is in a very bad way; but whoever wins will probably fail because what’s undiagnosed remains untreated.

Much concern has been expressed about the longer-term consequences of the blowout in budget deficits and public debt in response to the economic hit from coronavirus....

One of the big advantages of being a debt investor is that you can make long term investment decisions with far fewer short term consequences than an equity investor....

Over recent weeks the trade war ebbed and flowed, Hong Kong erupted in more protests, both the UK and Germany teetered on recession, New Zealand’s central bank stunned...