Max's Thoughts

Every month Max Walsh provides you with his thoughts on the economy.

Normalisation begins in Washington

As expected, the Reserve Bank of Australia left the official short-term interest rate unchanged after this week’s board meeting...Read more

Max Walsh, 9 April 2015

Japan still has believers

John Mauldin, a respected commentator on economic matters in the U.S., describes Japan as “a bug in search of a windshield”...Read more

Max Walsh, 26 March 2015

Prepare for turbulence

The official short-term interest rate as set by the US Federal Reserve has been a range between zero and 0.25 percent since December 2008. The Fed’s chair, Janet Yellen, told a... Read more

Max Walsh, 11 March 2015

The Singularity

The digital era has been dubbed the “Second Machine Age” and hailed as ushering in an economic transformation that will see brilliant technologies deliver deep and wide prosperity...Read more

Max Walsh, 27 February 2015

Is Currency Depreciation the Last Tool Left?

The Reserve Bank of Australia follows the commendable practice of scattering what it calls boxes throughout the main text of its regular reports on monetary policy...Read more

12 February 2015

Dragons in Dark Corners

In the early days of cartography (circa 1500) the problem of depicting the unknown on maps was addressed by leaving the space blank, except for the warning “hic sunt dracones” (here be dragons).Read more

Max Walsh, 11 September 2014

The Return of History

Francis Fukuyama penned what became the provocative essay “The End of History?” in 1989, following the fall of the Berlin Wall and the end of the cold war.Read more

Max Walsh, 5 September 2014

Fingers Crossed as QE3 Reaches its Use-By Date

The US Federal Reserve will, in October, conclude its program of tapered monthly purchases of Treasury bonds and mortgage backed securities (QE3)Read more

Max Walsh, 21 August 2014

Europe’s Japanafication

I have just returned from a European river cruise that took me from Amsterdam to Budapest. It’s a voyage that’s highly recommended. It’s the height of the summer season in... Read more

Max Walsh, 13 August 2014

Here We Go Again

For the first time since 1993 a basket of six globally significant financial asset indicators has rallied in unison for the first half of the year.Read more

Max Walsh, 10 July 2014

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ABC Nightlife dates for 2020

Nerida Cole and Ishara Rupasinghe will once again appear on ABC Nightlife Radio throughout 2020 accompanied by host Philip Clark.

Tune into the program to hear Nerida and Ishara discuss the latest topics in personal finance, super and the economy.