Tag Archives: sharemarket

COVID-19, machine trading & financial markets with Michael Knox – Economics Explained EP27

Why are financial markets swinging so wildly in response to the novel coronavirus, COVID-19? Yesterday I spoke with Michael Knox, Chief Economist of Morgans, who thinks it’s related to the machine trading programs which dominate financial markets. Today, I’ve published … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

What are investors to make of depression economics?

After the RBA Board cut the cash rate target to 2.25% last Tuesday I mentioned to a friend that the best guide to the world economy since 2008 has been Paul Krugman’s brilliant little book The Return of Depression Economics. … Continue reading

Posted in Macroeconomy | Tagged , , , , , | 3 Comments