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, June 20, 2012
Japanese trade data for May solid
Continuing improvement in exports to US, shift to growth for exports to Europe, Asia: By region, export volume improved to +39.4% yoy for the US (April was +37.4%). Exports to Europe posted their first growth since September 2011, rising 1.0% (-5.3%) and exports to Asia also moved into positive territory, rising 2.7% (-4.2%). By category, auto exports improved to Europe and Asia, as well as the US, on the rebound from the March 2011 earthquake. Energy imports were notable for another large increase that included LNG and LPG.