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, April 2, 2012

Australian core inflation surges in March according to TD-MI

The following chart shows the TD-MI "trimmed mean" or core inflation results based on the annualised three month change time-series. Today TD-MI reported that headline inflation rose a stonking 0.5% in the month of March while trimmed mean inflation also advanced by a high 0.3%. Having said that, TD argue: "[I]t is clear that while prices were sticky in the first few months of 2012, much of this can be accounted for by seasonality".


at 11:13 AM