qe

In the AFR I write that another week passes and yet another bank has upgraded its housing outlook in line with our heterodox March forecast for a zero to 5 per cent...

This is a short video interview with Pinnacle's Gerald Willeston on: "Where to from here?" In this chat, I quickly recap where credit spreads have gone, and potential...

The Reserve Bank of Australia is widely expected to leave the cash rate and the three-year government bond targets unchanged when it meets later today for its monthly...

These are extraordinary times for the domestic cash market. Bank bill yields closed 2019 below 1.00%, their lowest ever levels, while the Official Cash Rate in...

Our thesis is simple: capitalism is dying and the myopic public policy statism replacing it is breeding a new wave of zombie companies that cannot survive in a...

Today I write that the RBA's Phil Lowe has effectively declared war on the government's fiscal policy stance in an attempt to sheet home blame for the RBA's inability...

RBA Governor Lowe’s speech this week did not disappoint. He reiterated the bank’s upbeat outlook for the Australian economy but clarified how the RBA would approach...

Looking ahead to 2020, the one thing investors cannot ignore is just how fragile the world economy actually is. While we are not forecasting an imminent global...

Guys the latest episode of our very popular Complexity Premia podcast is live! You can listen on your favourite podcast app, or you can find it on Apple Podcasts here...

Back in 2017, we outlined the case for an Australian recession based on a retrenchment of household spending brought about by a negative wealth effect. At the time the...

“Monetary policy cannot be the only game in town. It should be coupled with fiscal support,” said the IMF last week. The government is facing added pressure from the...

Today I write that it is amusing how we have shifted from nobody believing our early May forecast that Aussie quantitative easing (QE) was coming, to it suddenly...

This week, a Bank of International Settlements (BIS) subcommittee (the Committee on the Global Financial System) produced a report that reviewed a decade of...

Most parts of the fixed interest universe are generally seen as defensive and an alternative to higher risk equity assets. So, what are the biggest risks hanging over...

On Thursday I debated and demolished my old foe Dr Steve Keen (of doomsday fame) on the contentious subject of Aussie housing. You might recall that Steve was the guy...

In predictably cutting its cash rate to a new record low of 0.75 per cent in October, the RBA moved itself one meeting away from initiating quantitative easing (QE),...

While there has been growing discussion on the possibility of Quantitative Easing (QE) in Australia, we believe recent domestic developments have broadly argued...

In an attempt to stimulate a weak economy, central banks employ quantitative easing (QE) by purchasing securities on the open market to increase the money supply....

We think the likelihood of quantitative easing (QE) in Australia is tied closely to the risk of global recession. If you believe a global recession is near (we view...

This weekend I write that the ECB's decision to start buying bonds again to reduce the long-term cost of capital (aka QE)---coupled with the Fed cutting in a few...