ricardian ambivalence

Japan keeps selling — foreigners buy Nikkei dip

The BoJ wrote some cheques that Mrs Watanabe keeps cashing… In the week to 8 June, net-net securities flows again

In the comments, there are often comments to the effect that the labour under-utilisation rate is a better indicator of

The May labour market report was a little better than I had expected (and the market also): the unemployment rate

I could fairly be accused of a little recent pessimism about the outlook for the Australian economy. Today, I want to

The Australian reports that WA Premier Colin Barnett just called the end of the Iron Ore boom — fresh off

Following on from my casual survey of the relationship between various measures of demand and inflation, I thought it appropriate

With the drop in the AUD, assessing financial conditions is (again) becoming a hot topic. It’s a tough thing to

The post Q1 GDP recession debate has been both fun and informative (see my first and second posts, and Mark’s

Following last week’s Q1 National Accounts, I cheekily suggested that the domestic economy was in recession. Many of my peers

Despite the RBA’s efforts to kill the beast in the June RBA meeting minutes (see this post), the “lower AUD

The May non-farm payrolls report was broadly as expected: printing at +175k (mkt 163k), with offsetting revisions worth a net

The WSJ’s inimitable Jon Hilsenrath writes that the Fed is set to signal tapering at their June meeting, with a