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."

Tuesday, February 1, 2011

Aussie dollar rallying like a trooper > $1 (parity) right now--check out chart

AUD/USD breaches parity in late trade--market starting to work out that the RBA Statement today was not dovish, although interest rate markets are still only pricing one seemingly optimistic hike to March 2012. This is wonderful news for the housing market, if this fanciful reality comes to pass.