Richard Jerram
Richard Jerram
basis economic employment faster growth improvement looking looks wages
I'm looking for faster growth on the basis that the improvement in employment and wages is going to continue, ... It looks as if just about everything that could go right is going right with the economic outlook.
bank downside increasing inflation japan low premature risks
The Bank of Japan is unnecessarily increasing downside risks through premature tightening and an excessively low inflation target.
domestic employment figures help output picking trends
It's very encouraging in these figures to see that employment is picking up. That's going to help domestic output and domestic incomes. The trends are all very positive.
fact happy income past people positive reflection rising spend turnaround year
It's the first positive reflection of the fact that over the past year there's been a turnaround in wages. People are happy to take their rising income and spend it.
added assist avoiding economic might mistake reform
It might be that policy-led reform accelerates the process, but avoiding a mistake is all that is necessary. Any assist from economic reform would be an added bonus,
approval banking health return seal sign
This is the seal of approval of the return to health of the banking system. It's also a sign of the normalization of the economy.
approval banking health return seal sign
This is the seal of approval of the return to health of the banking system, ... It's also a sign of the normalization of the economy.
becoming cities effect estate few general major places positive prices turnaround
The turnaround in real estate prices is broadening out from a few places in a few major cities to a more general stabilization. The positive macroeconomic effect is becoming more significant.
couple last suggested
It's been suggested over the last couple of weeks.
cycle fairly improved job market measure offer ratio reliable second sign starting
It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions.
invested number rather relationships
The number of shareholders who have invested in returns, rather than relationships, has increased.
economic export japan posting quite strong
It's quite encouraging that Japan is still posting strong export growth. This bodes well for the first-quarter economic outlook.
early economic extended hand improvement prices property several stage
This is the early stage of a very extended economic expansion, and there are probably several more years of improvement to come. Property prices go hand in hand with that.
areas expand happening land major matters prices recovery rural
I don't think the recovery in land prices will expand to rural areas and it doesn't really matter. Those areas are a too-small part of the economy. What matters is what's happening in and around the major cities, and that's increasingly positive.