ricardian ambivalence

Unrepresentative Swill

Like most Australians, I have in recent times voted above the line in the senate — after all the ballots

The RBA set the cat amongst the pigeons yesterday, by dropping the ‘scope to ease’ section from their concluding paragraph.

The September RBA meeting is unlikely to be a big event. While i am sure that Gov Stevens still believes

We’re now on the run into the September FOMC meeting. The key report will be this Friday’s non-farm payrolls report

The RBA changed the language of their concluding statement in the minutes of the August meeting. Gone was the following

Last night’s ‘economic debate’ on QnA was a fairly partisan affair, with the crowd cheering even the lamest lines from

Economists do not make good psychologists, so when i hear my colleagues talk about ‘confidence’ my skin crawls. If you

The market got the RBA statement wrong today — Australian interest rate futures sold off and the AUD rallied following

Last night’s price action spoke to the virtues of sleeping deeply and turning off your phone. First, better than expected

I missed the mark with regard to Gov Stevens’ speech yesterday, at least as far as the market was concerned.

Following the Q2 CPI report, the market is pricing the August meeting at ~80%. There are decent reasons for this:

The typically well informed (especially on things Democratic) Ezra Klein reports that Summers is now the leading contender to replace