The IMF has changed its tune
John Robertson
PortfolioDirect
The IMF has changed its tune. The speech by IMF head Christine Lagarde at the annual meeting of central bankers at Jackson Hole last week was especially significant. She cautioned against central bankers in the advanced economies withdrawing their monetary stimulus without due regard to the impact on developing economies. There has been a discernible shift in the attitude of the IMF over the course of the last year as it steps away from a hard-line attitude on the need for fiscal adjustment and generally tight policies to a more pragmatic approach that seeks to maximise growth. This enhances the chance of the world economy growing faster in the year ahead.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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