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."

Thursday, July 5, 2012

Goldman Sachs: What is the financial markets' Higgs boson?

From one of Goldman's FX talents:

The Higgs boson is an elementary particle within the Standard Model of particle physics. It belongs to a class of particles known as bosons. UH? It's a mechanism by which matter in the universe gained mass. Anyway they have now confirmed that they found it...Well as much as they can...it brought people to tears...In markets the S+P now play a similar role (it can also bring people to tears) and with the US markets closed we start the day obviously lacking critical mass...We know where rugby leagues Higgs Boson is...
at 7:54 AM