Hale Stewart

This past week, three central banks released meeting minutes. The ECB reported on a fairly positive internal environment, while, for the first time in recent memory, the RBA focused on inflation. The...

Last week, the RBA lowered Australian interest rates 25 basis points, to 1.75%. The press release contained the following paragraph: Inflation has been quite low for some time and recent data were...

This past week, yet another report pointed to slower growth. The J.P. Morgan global growth indicator was barely positive: The growth rate of the global manufacturing sector ground to a near-standstill...

This week, it was the IMFs turn to downgrade their global growth projections, which they did on October 6:The IMF’s latest World Economic Outlook (WEO) foresees lower global growth compared to...

Despite recent financial turmoil, no one has provided a concise explanation of the commodity super-cycle, one of the primary macro-economic forces causing recent volatility. That is, until now. In a...

One of the biggest stories to emerge has been the decline in Emerging Market Currencies. The IMF noted this in their latest World Economic Outlook, which stated: Growth in emerging market and...