Katrina Ell is an economist with Moody’s Analytics, covering national and metropolitan economic issues across the Asia-Pacific region.

An experienced analyst and speaker, Katrina has been featured in major media outlets such as ABC Radio, Asian Investor, Bangkok Post, Bloomberg Radio Bloomberg TV, Business World, Channel News Asia, CNBC, Financial Times, IFR Asia, Macquarie Radio, Reuters, SCMP, Singapore Business Review, Sky News TV, Straits Times, WA Today, Yahoo Finance and Your Money. She previously worked as an analyst at the Australian Prudential Regulation Authority, supervising insurance and superannuation companies. Katrina received her bachelor’s degree in economics with honors from Macquarie University.

Published Work
Article

Weekly Market Outlook: Global Collapse by Bond Yields Stems From Worldwide Slowdown

Both the corporate bond and equity markets responded positively to the latest drop by Treasury bond yields and the likelihood of at least two reductions of the federal funds rate during the remainder of 2019.

June 2019
Article

Weekly Market Outlook: Borrowing Restraint Likely Despite Lower Interest Rates

According to the Federal Reserve's “Financial Accounts of the United States”, first-quarter 2019's outstanding debt of U.S. nonfinancial corporations advanced by 8.1% year-over-year to a new record high of $9.926 trillion.

June 2019
Article

Weekly Market Outlook: The Fed Cured 1998's Yield Curve Inversion

The implied probability of a fed funds rate cut at the Federal Open Market Committee's July 31 meeting recently soared to 72% mostly in response to Jerome Powell's apparent willingness to heed the recessionary warning of a possibly persistently inverted yield curve.

June 2019
Article

Weekly Market Outlook: Extended Yield Curve Inversion Would Presage Wide Spreads and Many Defaults

Since May 3, or just prior to the latest episode of trade-related stress, the market value of U.S. common stock had plunged by 5.7% as of May 29's close for a paper loss of $1.735 trillion.

May 2019
Webinar-on-Demand

Trade War Update - Will Trump Push Too Far?

President Trump has escalated the trade war with China, and nearly everyone has been wrong-footed by the move.

May 2019
Article

Weekly Market Outlook: Business Debt's Mild Rise Differs Drastically from 2002-2007's Mortgage Surge

Fed Chairman Jerome Powell recently addressed the issue of business borrowing. In a May 20 speech, Mr. Powell suggested that, by itself, the new record high ratio of nonfinancial-corporate business debt to GDP is much less of a risk to systemic financial liquidity than was home mortgage debt's record high 100% of disposable personal income from 2007.

May 2019