All Articles tagged with 'Stephen Miller'

You are in Posts tagged 'Stephen Miller'

The strength of the USD

From GSFM

USD: the “cleanest dirty shirt”. It wasn’t that long ago that “dollar debasement” was flavour of the month. An adversarial stance on trade and geopolitics was thought to lead to

continue reading

12 Oct 2026

Is a 5 per cent US 10-year bond yield the new normal?

From GSFM

The US 10-year bond yield is above 5 per cent. Apart from a fleeting period (less than a day) in October 2023, the last time that US 10-year yields were

continue reading

25 Sep 2026

Australian monthly CPI inflation

From GSFM

Yesterday’s Australian monthly CPI inflation report makes the September RBA meeting “live”. In my assessment the Board should increase the policy rate at that meeting. I expect it will. The

continue reading

28 Aug 2026

US inflation: nothing for the worry Warshs

From GSFM

Since the conclusion of the last Fed Federal Open Market Committee (FOMC) meeting, the US financial market commentariat have spent some time highlighting Fed Chair Warsh’s communication shortcomings. It appears

continue reading

14 Aug 2026

Inflation and the “new” Fed: livin’ under Kevin

From GSFM

The financial market commentariat would have us believe that Federal Reserve Chair Warsh’s Congressional testimony was “hawkish”. Fair enough! Despite a benign June consumer price index (CPI) report and last night’s benign producer price

continue reading

17 Jul 2026

RBA minutes: stayin’ live

From GSFM

I’m not sure that the news flow of the last week or so has managed to advance whatever one may have been thinking about the decision of the Reserve Bank

continue reading

03 Jul 2026

The Fed: “hawkish”…sort of…

From GSFM

As was pretty much expected, the Federal Reserve’s Federal Open Market Committee (FOMC) chose to keep the policy (federal funds) rate target unchanged at 3.5 – 3.75 per cent. That

continue reading

19 Jun 2026

The RBA: ‘pause and reflect’ despite a particular inflation proclivity, Fed and other central banks

From GSFM

The RBA: ‘pause and reflect’ despite a particular inflation proclivity I had canvassed the possibility that the Reserve Bank of Australia (RBA) might ‘pause and reflect’ at the last RBA

continue reading

05 Jun 2026

Are markets ‘complacent’?

From GSFM

The onset of the Iranian crisis has unleashed a litany of dire prognostications surrounding the likely course of the price of financial assets. Yet US equity markets are close to

continue reading

08 May 2026

Is an increase in oil prices inflationary or disinflationary?

From GSFM

The sharp increase in the price of oil in the wake of the Iran conflict has ushered in a plethora of central bank warnings around the inflationary consequences of such

continue reading

30 Mar 2026

FIRST 12 3 4 5...17 LAST

Earn CPD Points

CPD: Growth holds, risks widen
Economic outlook: Structural forces, cyclical implications Longer-term secular forces are driving the six- to 12-month cyclical outlook. Our June 2026 Secular Outlook, “Rupture and Resilience[1],” explored the fraying of traditional [...]
CPD: Intergenerational wealth – When the responsibility transfers before the money
Picture this: an Enduring Power of Attorney (EPOA) has sat in a filing cabinet for years. Then a sudden health event means an adult daughter is called on to act [...]
CPD: Why market structure rewards active management in local currency EMD
Key takeaways A large, diverse and fast-growing opportunity set: local currency EMD spans economies at very different points in the cycle, offering income, growth and genuine diversification. Structure, not just [...]
CPD: A practical system for building client confidence – Value of Advice (Part 1)
Introduction As the advice profession continues to evolve, so too do client expectations and perceptions of the value of advice. Perhaps nothing sums up this shift as perfectly as this [...]
CPD: When a little knowledge is dangerous – countering the financial ‘guidance’ your clients are getting from AI
Move over, Google The expression “a little knowledge is a dangerous thing” seems particularly appropriate to financial decisions, where the amounts at stake and the inherent complexity make the risk [...]