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."

Friday, July 1, 2011

Wonkish chart: PMIs weighted by Aussie TWI--bottom line, we're fine

Matt Johnson at UBS has created a very nice little picture, which shows Purchasing Manufacturers Indices (PMIs), which are benchmarks that measure the economic health of the manufacturing industry (based on new orders, inventory levels, production, supplier deliveries and the employment conditions) weighted by Australia's Trade Weighted Index, which is compiled by my good friends over at the RBA ;-). It tells us that Australia's trading partner PMIs are growing fine, as are their new orders...

at 12:59 PM