Annette Beacher

Economist / working mum / political junkie

[Annette Beacher @AnnetteBeacher]

@JimmyBarnes where can we buy it??

[Annette Beacher @AnnetteBeacher]

@TMFScottP I thought the same! My concern is no-one to fill these blowtorch shoes. Hugging consensus is comfortable but doesn't advance the debate.

[Annette Beacher @AnnetteBeacher]

@Scutty @SAPowerNetworks Same day the Premier on 67% approval rate?

[Annette Beacher @AnnetteBeacher]

@Scutty I see what you did there 😂

[Annette Beacher @AnnetteBeacher]

Bravo David Campbell for that Waltzing Matilda. Chills.

[Annette Beacher @AnnetteBeacher]

Might also have a lot to do with actually being able to measure inputs and output. Not so clear cut in the predominantly services industries.

[Alex Joiner 🇦🇺 @IFM_Economist]

One of the lesser known productivity narratives is the extraordinary gains made by the agriculture sector. While other sectors have higher output per hour worked the ag sector has clearly been able to produce what it does with more efficiency improvements.

[Annette Beacher @AnnetteBeacher]

Oh dear @Uber_Support why charge a premium for pickup at Melbourne airport when the traffic is so bad you miss your first two morning meetings @Uber 😔

[Annette Beacher @AnnetteBeacher]

Real wage growth by any measure of inflation.

[CommSec @CommSec]

Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1. #ausecon #auspol

[Annette Beacher @AnnetteBeacher]

From page 48 ... 🤣

[Alex Joiner 🇦🇺 @IFM_Economist]

I still think the RBA should publish the Business Liaison material in a stand alone release.

[Annette Beacher @AnnetteBeacher]

China US trade war is still live

[Brew Markets @brewmarkets]

What a day.

[Annette Beacher @AnnetteBeacher]

@berthon_jones First sensible comment I've read

[Annette Beacher @AnnetteBeacher]

@IFM_Economist I vote for a correctional -10bp to reset ahead of the new Board

[Annette Beacher @AnnetteBeacher]

@Scutty Until 2031 - might pop in one year!

[Annette Beacher @AnnetteBeacher]

@JamesGlynnWSJ @WSJ Sit tight!

[Annette Beacher @AnnetteBeacher]

D. All the above

[Lisa Abramowicz @lisaabramowicz1]

Yields on 10-yr Treasuries are now the highest vs 2-yr rates since 2022. It's unclear whether this is a healthy normalization - a reversion back to the typical relationship of long-term yields being higher than short-term ones - or a sign of stickier inflation and deficit fears

[Annette Beacher @AnnetteBeacher]

@AntipodeanMacro @DrCameronMurray Tax cuts being put to good use?

[Annette Beacher @AnnetteBeacher]

Refreshing honesty from the RBA Governor. Media take note: "inflation is falling" isn't fooling anyone.

[David Taylor @DaveTaylorNews]

'Prices aren't coming down, they're up at a higher level now, permanently, and that is going to continue to eat into people's incomes.' RBA governor tells parliament

Same in US.

This is what influenced the #USElection2024 imho

And will be the main game for Australia

[Martin Whetton @martin_whetton]

UK’s fright night. Gilt yields surge after the budget. Containing supply to GBP299.9bn of issuance might trick the eye for a moment…

[Annette Beacher @AnnetteBeacher]

RBA and Government take note. The problem with the "cost of living" narrative is it won't come down (prices fall) without a recession/hard landing. The best the RBA can achieve is slow down price rises. That is not palatable for politicians.

[Annette Beacher @AnnetteBeacher]

One line justification for a surprise move. What do they see what consensus didn't?

[Alex Joiner 🇦🇺 @IFM_Economist]

Fed cuts 50bp with more to come - a clear focus on limiting any further labour market weakness.