The Weekly Pain Report provides a punchy, always provocative, and independent perspective on the key economic and political events moving global financial markets.
Jonathan Pain began his investment career in the early eighties and has run investment teams in London, Bahrain and Sydney.
He appears regularly on CNBC and Sky Business TV and is an ‘Associate’ of China Matters, an Australian based think tank.
Jonathan was one of a just a few investment strategists that predicted the crash in 2008, and his warnings have been acknowledged by respected commentators such as Alan Kohler. Before that he also predicted the bursting of the ‘Technology Bubble.’ More recently, in one of his most controversial and contrarian calls, he predicted that Donald Trump would win the US election.
Having lived in six countries, he now calls Australia home and his weekly commentary is read by government officials, central bankers, leading investment institutions, and his friends all around the globe!
He predicted the Reserve Bank would cut rates, “so aggressively it will make our eyes water”; from their current 1.5 per cent to just 0.5 per cent.
By Emma Young
February 15, 2019 – 9.38pm
One of the world’s foremost economic and political experts has predicted an Australian interest rate cut to 0.5 per cent and painted a picture of a future economy that revolves around electric cars, the South East Asian and Chinese economies – and of course, lithium.
4:38 AM ET Mon, 1 July 2019
Jonathan Pain of The Pain Report says the Trump-Xi meeting at the G-20 summit was not as bad as it could have been, but did not have any substantive outcomes.
3:48 AM ET Wed, 12 June 2019
Jonathan Pain of The Pain Report says the Fed is going to signal that its next move is a rate cut, but that it is not yet ready to do so.
3:34 AM ET Fri, 3 May 2019
Jonathan Pain of The Pain Report says he expects the Reserve Bank of Australia to cut interest rates from 1.5 percent to 0.5 percent over the next couple of years.
2:54 AM ET Mon, 25 March 2019
Jonathan Pain of The Pain Report discusses what the inversion in the yield curve means. He says he respects the bond market’s message, which is “unequivocally” and “unambiguously,” that the global economy is slowing.
3:39 AM ET Mon, 25 Feb 2019
Jonathan Pain of The Pain Report says the U.S. economy will slow down, but he does not expect it to enter a recession for the time being.