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."

Tuesday, July 3, 2012

Professors Sheen and McKibbin both sensationally call for July hike!

You gotta love the polarity in the distribution of interest rate expectations. These two academics think the RBA should hike this month. Yet economists like my pal Stephen Koukoulas of Market Economics are forecasting a double rate cut (ie, 50 basis points) next month. Here are Jeff Sheen and Warwick McKibbin's beliefs for this month...