ricardian ambivalence

An inevitable post-GFC slump?

Cochrane points out the inconsistency between the US administration’s growth forecasts for a strong recovery and those who defend them

Today’s Q2 wages data (+10bps to +1%q/q v. mkt +0.8%q/q) makes it very hard to see the RBA easing rates

US politics is already making folks mad. It is only August and we already have one of those confusing arguments

With the Olympics done and finished, i figured it would be fun to look at the number of medals we

Cochrane says you cannot repeal the laws of arithmetic. If the real value of your debt is too high, you

The RBA’s Q3 SOMP was more cautious than I expected. The Bank basically just marked the current data to market,

I am generally a proponent of the unemployment-only take on the labour market survey – the survey is designed to

The RBA gave little away in their August statement – they made only the bare minimum of changes to their

I love R, but couldn’t live without excel — in part as it’s the form in which so much data

The resilience of the AUD has come as a surprise to many in the market, particularly as the foreign exchange

Prof. Warwick McKibbin has gone a bit rogue since leaving the RBA Board. In May, he warned that too deep

At first blush, the August RBA meeting seems a little boring – however i think that it is a mistake