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, February 7, 2012

More strong global economic data overnight

From UBS:

* GE: German industrial orders were stronger than expected, rising +1.7% in Dec (mkt: +0.1%), after -4.9%, to be flat y/y, driven by foreign orders (+4.3% m/m).

* CA: The PMI rose to 64.1 in Jan from 63.5, above consensus of 59.5.

* ID: Indonesia's GDP rose 6.5% y/y in Q4, steady from Q3 (full-year growth 6.5%, strongest since 1996).