A rapid recovery in US advanced retail sales suggests a more rapid recovery for the US economy.

Michael Knox Morgans Chief Economist, discusses how just as in the previous business cycle, expansion in the US budget deficit should see a fall in the US dollar and a rise in commodity prices.

Michael Knox, Morgans Chief Economist discusses how the Australian and US economies will recover rapidly, but the US equities market has moved too far ahead.

Morgans Chief Economist Michael Knox, discusses how he prepared 4 questions for the RBA Deputy Governor Guy Debelle, at an event hosted by the Economic Society of Australia (QLD) and Morgans Financial on 30 June 2020.
The Governor's answers, surprised our Chief Economist.

Aggressive rate cuts by the Fed led the US dollar to fall and the Australian dollar to rise.

Morgans Chief Economist Michael Knox discusses the road ahead for the Fed.

Morgans Chief Economist Michael Knox discusses how the second-quarter earnings will likely disappoint.

Morgans Chief Economist Michael Knox, discusses how Fed research show that negative interest rates damage the ability of the banking system to provide liquidity in times of crisis.
They also damage the return on assets of banks even in normal times.

Chinese crude steel production is up 0.2% over a year ago. The output of steel products is up by 3.6%

Rapid recovery begins in the US in Q3 2020.