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."

Saturday, November 3, 2012

RBA's Phil Lowe: Aussie dollar is not fundamentally overvalued

Interesting from the Q+A session with the RBA's Phil Lowe last week:

 "[T]he currency is still not at the point where I think you can make a strong conclusion that is fundamentally overvalued, particularly given the considerations that I was talking about."