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."

Saturday, August 6, 2011

Markets vs. economists on interest rates

Matt Johnson at UBS has two nice charts: the first shows the standard Taylor Rule forecasts for Australian interest rates based on the RBA's inflation forecasts, which is about four hikes over the next year. The second compares this to what the financial markets expect...


at 9:27 PM