AUTHORS

David de Garis

David de Garis

Director and Senior Economist

“Dave writes for the Bank’s daily and weekly economics and market reports, and speaks with the media, often on a day to day basis speaking about the economy and financial markets”

Dave is a Director and Senior Economist with the NAB.

His bread and butter work is as a business, treasury or financial markets economist, speaking with clients ranging from the Bank’s agribusiness and corporate clients as well as to institutional clients at home and abroad.

He’s writes for the Bank’s daily and weekly economics and market reports, and speaks with the media, often on a day to day basis speaking about the economy and financial markets.

Dave did his economics apprenticeship with federal governments of various persuasions in Canberra, before he left Canberra in the late 1980s. He finished his indenture in Canberra as a senior economic adviser in the then Prime Minister Bob Hawke’s Department in Canberra, and before that in the Federal Treasury and the Bureau of Statistics.

RECENTLY PUBLISHED ARTICLES

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Markets have been choppy on the back of surprisingly poor retail numbers from the US.

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It’s looking likely the 1 March deadline for higher Chinese tariffs will be pushed back on the hope of progress on trade talks next month.

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In this Weekly, we delve further into the ins and outs of the Australian housing sector.

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It’s a sea of red for shares this morning. How much of this is down to Larry Kudlow’s comment that there’s a “pretty sizeable distance to go” before trade issues are resolved with China?

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It’s a significant day for Australian news, in a period where little else is driving markets in the rest of the world.

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The dovish tone set by the Fed yesterday has seen renewed vigour in the US equity markets helped by further strong earnings.

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European PMIs came out weaker than expected. That, together with a downbeat Mario Draghi, saw the Euro weaken.

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US stocks have fallen markedly since the Fed meeting yesterday, with the dollar also taking a hit and the yield curve flattening a little.

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Oil fell even further overnight.

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Education has grown to a scale export industry, and is now Australia’s third largest export earner.

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Mario Draghi’s fear of growing downside risks didn’t do too much damage to the Euro.

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The pound has taken a hit on the increased uncertainty on where Brexit is heading.

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There were big falls in equities in the US and across Europe overnight, with rises in bonds, the Yen, Gold and the Swiss Franc reinforcing the risk-off mood.

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