Monthly Archives: November 2018

Chart of the week: Bitcoin’s crash is a mere tiptoe through the tulips

21 November 2018 Bob Cunneen, Senior Economist and Portfolio Specialist   Bitcoin vs Tulip prices Sources:  Reuters, Datastream. McClure.J.E and Thomas D.E (2017), Financial History Review   Chart update: In January 2018 we plotted Bitcoin’s price rise (black line) and …

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Chart of the week: Australian wages take a turn for the better

15 November 2018 Bob Cunneen, Senior Economist and Portfolio Specialist   Australian spare capacity vs Wages   *Spare Capacity measure – Unemployment rate less 5% full employment NAIRU (non-accelerating inflation rate of unemployment) inverted Source: Australian Bureau of Statistics. Australia’s …

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Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, November 2018

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China …

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Chart of the week: Wall Street confronts the challenges of the Fed and rising wages

6 November 2018 Bob Cunneen, Senior Economist and Portfolio Specialist                                         US interest rates vs wages   Source: Federal Reserve St Louis. American …

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Chart of the week: Wall street moves from ‘perfection’ to ‘correction’

1 November 2018 Bob Cunneen, Senior Economist and Portfolio Specialist                   Forward Price to Earnings Ratio 1 year   Source: FactSet and Institutional Brokers' Estimate System (IBES)  Wall Street's golden run in terms …

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