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, August 31, 2011

Core US inflation surges (told you so, number [cannot remember])

From UBS on Monday:

"Core inflation has accelerated. The 3-month annualized rate is now at 2.5% versus a low of 0.6% in Dec 2010. Market-based core PCE now shows a 2.7% pace over the last three months versus a low of 0.3% in Dec 2010."