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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Astra Zeneca announced the results of their trials, with efficacy up to 90 percent with a drug that is cheaper to produce and easier to distribute.

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Donald Trump continues to talk about a stimulus deal, even though he said it had been shelved.

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There was a lot of optimism in the markets overnight, driven by strong manufacturing numbers in the US and Europe.

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There’s another possibly shape – the W recovery.

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US equities bounced back today – perhaps because there wasn’t a lot of new news on the coronavirus but also because US ISM numbers exceeding expectations.

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The Australian dollar has fallen more than one percent today as concern continues over the spread of the Corona virus.

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The US Federal Reserve has cut interest rates as expected.

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There’s been big moves on equities and bonds today as talks between the US and China appear to be back on.

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Following the Coalition’s surprise victory on Saturday night, we’re already seeing a rise in the Aussie dollar.

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US and European equities are up again on reports President Trump is delaying auto-tariffs due to kick in this weekend.

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In Europe they’ve nicknamed last night as ‘Turnaround Tuesday as stocks regained much of their losses.

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The US President has threatened further tariffs on China over the weekend, on top of those imposed on Friday.

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US equities have partially reversed their declines.

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