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, March 30, 2012

Bloomberg survey: Not one economist predicting cut on Tuesday (table)

Yet the financial markets are putting a 50:50 probability on it thanks, almost exclusively, to Terry McCrann...Have some sympathy for these poor forecasting economists if the RBA once again head-fakes them on Tuesday! My own probability is around 35% right now.