Real-time, stream-of-consciousness insights on financial markets, economics, policy, housing, politics, and anything else that captures my interest. Tweet @cjoye
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, April 13, 2012
Markets "joyful": Aussie dollar back to pre-RBA board meeting level
Oh the perils of those who desperately reference markets--like the Aussie dollar or interest rate futures--when they agree with them, but claim they are wrong when they do not...I note the Aussie dollar today is back to its level prior to the last RBA Board meeting...Pity those shorts.