This week we tackled whether central banks know what they’re doing, the plunge in Canva’s value; and a law firm’s extraordinary mission statement. Here’s 10 thoughtful opinion reads from this week.
Economists have done their homework on trend, which seems destined to continue well beyond COVID-19 – but there’s also something that can’t be quantified. -Record first-quarter earnings from Macquarie Group were accompanied by downbeat commentary from CEO Shemara Wikramanayake. The market seems to think the bank’s 2023 profit will not break last year’s $4.7 billion record.
-Central banks are moving in lockstep to raise rates to tame inflation, but their synchronised tightening risks plunging the global economy into a deep recession. -After everything looked heinously expensive last year, some markets are looking cheap. -The new government started the week casting off the shibboleths and modus operandis that have dominated our politics for at least the last decade: climate change and indigenous recognition.
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