Australian bitcoin ‘exchange traded funds’ may still find it hard to attract interest from large institutional investors, who often enjoy lower fees and greater liquidity in the US.
Our super funds could have cleaned up when the market crashed 40% and then rebounded by about as much. That they didn’t says a lot about how hard it is to time trades.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 2020 economic survey points to a dismal year, with no progress on many of the key measures that matter for Australians and an increase in the unemployment rate.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.
Some might say that financial markets over-reacted to the Brexit vote and the market reaction to the US election is the same. But Brexit won’t happen till 2019, a Trump victory has already happened.
Volatility is not going away any time soon, and if the US Fed decision plays the wrong way on the Australian dollar, our central bank could soon be back in the jawboning business.