We conducted a cross-asset scenario analysis on potential outcomes from the upcoming midterm elections in the United States. Using both a macro and a bottom-up approach, our base case was for a Democratic House of Representatives and a Republican Senate, but we also considered the possibility of a sweep in... Show More
On the 9th March 1987 U2 released the Joshua Tree, the fastest selling British Album of all time that went on to sell over 25 million copies. Joshua Tree is still acclaimed as one of the greatest albums of all time. Interestingly Bono considered pulling the album prior to its... Show More
The Trump trade wars threaten the global economy. This is not an exaggeration or headline-grabbing claim, but an economic slump based on a US-inspired global trade war is a distinct and growing possibility as it would dislocate global trade flows, production chains and bottom line economic growth. Show More
CommSec Senior Economist Savanth Sebastian takes a look at the economic events scheduled for the week ahead, including December quarter economic growth, home prices and international trade. Show More
Slumping world trade growth is the latest reason for lowering global growth forecasts. As it releases its twice yearly World Economic Outlook on Tuesday the International Monetary Fund will be joining a succession of international economic organisations warning of the consequences of a decline in global trade growth. The World... Show More
This week, dwelling approvals; the trade balance; and (after the weekly update was recorded) retail sales were the focus. In May, dwelling approvals beat expectations; high rise approvals drove the result and, unsurprisingly, activity was concentrated in NSW and Vic. A further positive from this report was that we saw... Show More