Founder Evidente. Top rated quantitative analyst, Evidente

Sam Ferraro

Founder Evidente. Top rated quantitative analyst

Evidente

Evidente is an independent financial education firm that delivers innovative financial advice to wholesale investors, including active long only funds, hedge funds, pension funds, and sovereign wealth funds, in Australia and globally.  Drawing on academic research in asset pricing, behavioural finance and portfolio construction, Evidente provides wholesale investors with commercial solutions to stock selection and asset allocation decisions across equities and other asset classes.

Macroeconomics

<ul><li>The RBA Governor today delivered his twice year testimony to the Australian Parliament.  The central bank appears to have waved the white flag on Australia's growth prospects, with the Governor hinting that it had revised down the economy's potential growth rate.</li><li>The Governor re-iterated the central bank's easing bias, drawing attention to the fact path the inflation outlook does not pose an obstacle to further monetary stimulus if deemed necessary to support demand.  In contrast to the Governor's last testimony in September, Mr Stevens did not cite concerns that very low interest rates could foster a worrying debt build-up, nor did he refer to the macro-prudential measures implemented by APRA to maintain sound lending standards.  This suggest that central bank has left the door further ajar for more monetary stimulus.</li></ul>

The RBA Governor today delivered his twice year testimony to the Australian Parliament.  The central bank appears to have waved the white flag on Australia's growth prospects, with the Governor hinting that it had revised down the economy's potential growth rate.The Governor re-iterated the central bank's easing bias, drawing attention to the fact path the inflation outlook does not pose an obstacle to further monetary stimulus if deemed necessary to support demand.  In contrast to the Governor's last testimony in September, Mr Stevens did not cite concerns that very low interest rates could foster a worrying debt build-up, nor did he refer to the macro-prudential measures implemented by APRA to maintain sound lending standards.  This suggest that central bank has left the door further ajar for more monetary stimulus.

RBA Governor Waves the White Flag on Australia's Growth Prospects