The recent pronouncement by Glenn Stevens the head of the RBA that the AUD was way too high and that real estate was stuffed piqued my interest the RBA’s ability to forecast. In doing a bit of research I came a across a document by the Treasury that sought to access the forecasts and methodology…
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I dont really need to say much about this. And to put the strength of the US market into context this is the S&P500 monthly. However, there is always some idiot who thinks they know better than the market. Remember my view – the market is simply a voting machine, it votes on which…
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Different messenger – same message, get off your arse, be responsible. All the things people don’t want to hear.
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Whilst puddling around today I heard on the radio that Glenn Stevens the head of the RBA had issued a dire warning for just about everything. I have to admit I wasn’t paying attention because this is the same group that has predicted 17 of our past 3 recessions but I decided to look up…
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I recently received an email from someone who should have known better because attached to the email was a brokers report. The report told me I should buy NAB because it had under performed its counterparts. So not being one to take anything a broker says at face value I decided to check for myself.…
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This piece coincides nicely with a book I have just finished reading called The Importability Principle by David J Hand which disappointingly is actually quite dull. Although it does do a good job of explaining the inevitability of single people winning lotteries multiple times. Get enough people doing the same thing for long enough and…
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I have gotten a few of these in the past few days – they seem to be slipping through the old spam filter. Clearly as a business idea this sort of thing works, otherwise they wouldn’t do it.
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