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Percy Allan

Percy Allan

Financial Review

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Who will win the US Presidential Election? Professor Lichtman may hold the key

The Guardian newspaper reports that history professor Allan Lichtman is known as the Nostradamus of US presidential elections since he has...

12.05.2024 10

Pearls and Irritations

Percy Allan

Monthly economic and market review

The Australian All-Ords share price index rose 0.3% last week after falling 2.9% the week before. The index had been yo-yoing sideways since it...

01.05.2024 10

Pearls and Irritations

Percy Allan

Booming shares, but slowing economy – April market and economic review

Callum Thomas, editor of Top-Down charts sums it up well – “Sentiment is increasingly consensus bullish. Bears have all but gone extinct. Large...

02.04.2024 7

Pearls and Irritations

Percy Allan

Is China an Imperialist nation?

I was recently sent a complete list of China’s invasions of other countries in the last 2,245 years to demonstrated that China is historically an...

27.03.2024 9

Pearls and Irritations

Percy Allan

America’s latest move to block China’s economic rise

US lawmakers have introduced a bill that would bar US mutual funds from investing in indexes that track Chinese stocks (Bloomberg). According to...

25.03.2024 10

Pearls and Irritations

Percy Allan

Global economic and financial review

The American economy is strong, Australia’s economy has slowed to a standstill, and Xi Jinping is proving to be a dry economic rationalist rather...

19.03.2024 7

Pearls and Irritations

Percy Allan

Boom or bubble: March market and economic review

Last Friday the All-Ords share index finally escaped its straitjacket of see-sawing sideways within a range of roundly 6,600 to 7,900 since April...

05.03.2024 8

Pearls and Irritations

Percy Allan

Is China repeating Australia’s mistake on Indigenous Affairs?

The South China Morning Post recently published an illuminating article on China’s policy towards ethnic minorities, with a particular focus on...

26.02.2024 8

Pearls and Irritations

Percy Allan

Tribute to a great public sector reformer, Don Nicholls AM

My late friend and mentor Don Nicholls was one of the great public servants of NSW where he was Chief Economist and then Deputy Secretary, NSW...

23.02.2024 9

Pearls and Irritations

Percy Allan

China’s worrying economic policy drift

The Rhodium Group, an independent research organisation with a focus on China, says the nation’s economic policymaking process has stalled with it...

08.02.2024 10

Pearls and Irritations

Percy Allan

Why Yang Hengjun should be released – he’s Walter Mitty not James Bond!

The standard media news bite is that Yang Hengjun is a Chinese born Australian pro-democracy writer who was unlawfully detained and now jailed for...

07.02.2024 10

Pearls and Irritations

Percy Allan

Record highs: February market and economic review

Not only has the stock market shaken off its new year hangover but the All-Ords is now higher than after its Santa Rally in December 2023. Indeed, it...

06.02.2024 10

Pearls and Irritations

Percy Allan

There are 4 economic scenarios for the rest of the decade: I’ve reluctantly picked one

In January a year ago, two-thirds of the leading economists surveyed by the World Economic Forum forecast a global recession for 2023. We didn’t get...

21.01.2024 10

The Conversation

Percy Allan

Can China escape a deflationary trap? Economic outlook 2024

Last year was the most widely anticipated recession in history because tight monetary policy, slower government spending and higher oil prices...

18.01.2024 10

Pearls and Irritations

Percy Allan

Rates cut outlook

The recent sharp falls in US, UK, European and Australian inflation rates have convinced analysts that central bank rate rises are over and the next...

08.01.2024 10

Pearls and Irritations

Percy Allan

China is not a threat: debunking the US narrative

In this series, I explore how US narratives on the ‘China threat’ have become entrenched in Western security communities and how a ‘China...

02.01.2024 9

Pearls and Irritations

Percy Allan

How to stop a Gaza apocalypse

Why Gaza urgently needs a plan B. (A repost from December 2023). War will drag on… It’s now clear that the Gaza War is far from over. Hamas...

31.12.2023 7

Pearls and Irritations

Percy Allan

Economic outlook – will 2024 be a hard, soft or no landing?

On the Australian economy, bulls and bears cannot both be right. 2024 will decide the fate of both economies and markets, a hard, soft or no landing. ...

21.12.2023 10

Pearls and Irritations

Percy Allan

How to stop a Gaza apocalypse

Why Gaza urgently needs a plan B. War will drag on… It’s now clear that the Gaza War is far from over. Hamas refuses to surrender. Israel...

19.12.2023 7

Pearls and Irritations

Percy Allan

Should Jim Chalmers adopt MMT to offer Swedish services with Swiss taxes?

Alan Kohler has written a thought-provoking piece suggesting Japan’s embrace of modern monetary theory (MMT) since 2001 might be the model for...

06.12.2023 40

Pearls and Irritations

Percy Allan

The realpolitik of the Gaza war

If this 2022-23 opinion poll is correct then a clear majority of Palestinians want a single-Islamic state, not a shared Islamic-Jewish one let alone a...

05.12.2023 7

Pearls and Irritations

Percy Allan

China is not a threat: debunking the US narrative

In this series, I explore how US narratives on the ‘China threat’ have become entrenched in Western security communities and how a ‘China...

02.10.2023 7

Pearls and Irritations

Percy Allan

China’s Military is built for defence, not to threaten others

In the final of this three-part series, I explore why China’s emphasis on expanding land and naval forces suggests its focus is on defence of its...

30.09.2023 7

Pearls and Irritations

Percy Allan

Why China is not planning to conquer other nations

Besides settling and securing its borders, China has no claims on other nations. Countries with grandiose territorial ambitions make no secret of...

29.09.2023 3

Pearls and Irritations

Percy Allan

Why China is not a threat: Sinophobia Unites Americans

Hatred of China is now the single issue that unites Democrats and Republicans. Having a perceived foe helps unite a deeply divided America internally,...

28.09.2023 10

Pearls and Irritations

Percy Allan

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