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, August 9, 2011

Aussie dollar free-falling to 1.02 US cents

Open your arms to imported Chinese inflation  folks...The fall in the Aussie dollar has been amazing. I guess it's possible it could push thru parity...Regular readers would know that my 'central case' was a correction in the Aussie dollar in the 2H 2011, although I acknowledged the (lower probability) risks it could surge on central bank diversification (still possible).

at 5:48 AM