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| | | The nation stops today - Melbourne Cup Day and RBA decision day. I don't know which bet's an easier pick, choosing the winning horse where there are equines a-plenty to bet on or the RBA's decision on interest rates where it's practically a coin-flip. ... |
| | | | ... over weakening growth. China should have hardlanded! If you don't believe the numbers, just change the metric. 'The Economist' (TE) magazine did this. It's gone the way of Bank of America Merrill Lynch chief economist, Saul Eslake to prove that China ... |
| | | | ... betting on a 2015 rate hike has taken the A$ above US$0.73 in recent days. But as Bank of America Merrill Lynch chief economist Saul Eslake commented last April, "Albert Einstein is supposed to have said the definition of insanity is doing the same thing ... |
| | | | ... less than 3 months to go before we say bye-bye to 2015, the Fed's still unsure on lifting or not lifting. At least, the economist watching the Fed watch the economic data and financial market developments are more certain - the latest result of the Wall ... |
| | | | ... the yuan just over a week before, seems like a distant memory now. "Horror Monday" (22 September) - the day Citi chief economist Willem Buiter (him, who's credited with coining the term "grexit") made the headlines with his fearless forecast that, "... ... |
| | | | ... recession] currently stands at the greatest probability since the global financial crisis", the SMH printed quoting GS chief economist Tim Toohey. But... but if one bothers to look at the latest sprinkling of eco and survey data out of this land girt ... |
| | | | ... blown up in its face 'ey? This or the Politburo (the non-capitalists that they are) have not yet heard about British economist David Ricardo's theory on comparative advantage. The theory posits that, "...a country should specialize in producing and exporting ... |
| | | | ... next decade." Another described the Australian economy as toast. This was the Sydney Morning Herald quoting NAB Chief economist Ivan Colhoun quoting a foreign investor's sentiment during his recent visit to Britain, Europe and the Middle East. And again ... |
| | | | ... lower". The clear indication there is that the Fed is worried about inflation expectations moving lower. AMP Capital chief economist Shane Oliver said that for Australia, the Fed's decision is a mixed blessing. "On the one hand it would have been better ... |
| | | | ... onto a sustainable recovery and is ready to become the engine of world growth once more." A reason echoed by OECD chief economist Catherine Mann six days later - I repeat, six days later - when she told Reuters that, ""Raising interest rates now would ... |
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