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."

Monday, October 3, 2011

September Eurozone inflation spikes to 3% pa--chart (consensus was just 2.5% pa)

You can spin it all you want, but the fact is this is a rather scary inflation signal coming out of the Eurozone: year-on-year inflation printed 3% versus a market forecast of 2.5% pa. Not much here for the deflationistas to hold onto...