The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Sunday, October 3, 2010

The G12 economies are more important than G7 for first time in 140yrs...

Check out these two fascinating charts from FT Alphaville...In short, the G12 economies are now more important than the G7, but this has, for some reason, yet to be reflected in equity market capitalisations. I guess the explanation is that more economic output is located in public and/or private unlisted companies in G12 economies vs. the private listed market in the G7.