Adam Carr

Adam Carr is a leading economist in the Australian market. In addition to being a columnist with Eureka Report, he has worked with some of the world’s largest investment banks and financial intermediaries. Adam was also formerly an economic adviser with the Prime Minister's Department and Commonwealth Treasury.

Why Garnaut is wrong about Australia's debt challenge

39 comments
By focusing on Australia's supposed debt problem, Ross Garnaut has misdiagnosed the issues facing the nation. His policy prescriptions could harm Australia's long-term economic interests.

Stop blaming investors for the housing shortage

40 comments
Australia's housing needs need to be addressed, but calls to scrap negative gearing will punish investors and could have deleterious consequences for the economy.

Policy myopia angles Australia towards recession

19 comments
Too scared to enact suitable reform, economic policymakers have sheepishly followed global trends at the great expense of securing stable, long-term growth for the nation.

Scoreboard: Rate chatter

Australian stocks are tipped to rise modestly ahead of new home sales figures, while tomorrow's RBA rate decision will also give investors plenty to ponder.

Scoreboard: Fed downer

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Wall Street edged lower on weak personal spending data and St. Louis Fed President James Bullard’s comments that the Fed could hike rates sooner than expected.

Scoreboard: GDP shock

Wall Street closed higher despite GDP for the March quarter coming in much worse than expected, while the Australian dollar regained some ground to sit back above US94c.

Scoreboard: Cold shoulder

Wall Street paid little attention to surging US housing data, while the Australian dollar stumbled further south.

Scoreboard: European burden

Weak European PMI figures clouded positive US data and weighed on markets, while the Australian dollar slipped but remains above US94c.

Scoreboard: China watch

The local market is tipped for a modest rise after Wall Street hit fresh records and ahead of key data out of China.

Scoreboard: European catch-up

The Fed’s dovish comments filtered through to European markets overnight, while the gold price saw its best daily gain in nine months.

Scoreboard: Taper time

The Federal Reserve trimmed its monthly bond purchases by a further $US10 billion as it downgraded its growth forecast for 2014, while the Australian dollar jumped back above US94c.

Scoreboard: Fed suspense

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Wall Street rose as investors await the outcome of the Fed's monetary policy meeting, while the Australian dollar edged closer to US93c.

Scoreboard: Iraq anxiety

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Wall Street managed to eke out minor gains as tensions in Iraq offset positive data, while European markets closed lower.

Scoreboard: Fed focus

All eyes will be on the US Federal Reserve this week as investors look for any sign of an imminent rate rise, while tensions in Iraq push the oil price higher.

Scoreboard: Data misfire

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Wall Street slipped as retail and jobs data failed to inspire, while intensifying violence in Iraq saw the price of crude jump.

Scoreboard: Work it out

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Britain stole the show overnight with the jobs market posting the strongest growth on record, while the Australian dollar tiptoed higher.

Scoreboard: Market breather

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US and European markets had a quiet session, while gold saw a healthy rise and the euro fell further.

Scoreboard: Rate debate

2 comments
Stockmarkets on both sides of the Atlantic hit records despite talk that the US may raise rates earlier than expected.

Scoreboard: Draghi’s deflation attack

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Markets on both sides of the Atlantic pushed higher after the ECB took action to curb the threat of deflation, with both the Dow and S&P 500 hitting new records.

Scoreboard: At your service

The surging services sector in the US saw the S&P 500 hit a new high, while European stocks were mixed as investors await the ECB’s next move.

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