Tag Archives: economists
Was the RBA Asleep at the Wheel?
Posted on 04. Mar, 2010 by Chris Lang.
In fact, the RBA has been cautious ... NOT asleep!
Last week, we covered the statistical anomaly relating to Australia's low unemployment figure. And that may well have influenced the RBA in holding rates steady last month.
Although, the patchy spending in December and January probably coloured their thinking as well.
Nonetheless, you continue to see a [...]
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How to Interpret the Conflicting Signals
Posted on 16. Apr, 2009 by Chris Lang.
Over the past weeks, I've posted several articles suggesting things are starting to improve — and more particularly, here in Victoria.
Since the low point on 6 March, the Australian stock market has enjoyed roughly a 20% improvement. And that has also been reflected on Wall Street.
However, we then received the recent announcement of unemployment [...]
