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."

Wednesday, January 4, 2012

UBS: US ISM consistent with 4% real GDP growth

World's biggest economy seems to be doing okay. More from UBS:

"The manufacturing ISM index rose to 53.9 (UBSe: 53.0, consensus: 53.4) in December from 52.7 in November. Details of the ISM report showed that the rise in the overall index was broad-based. The increase in December leaves the index at a very healthy level, and suggests upward momentum as Q4 ended. According to ISM officials, a 53.9 reading for the ISM index is typically consistent with about a 4% pace for real GDP growth."