Was the Australian stimulus plan and subsequent recover a victory for Keynesian economics?
Australia
Hot Links: The Ugliest Buildings in the World
Stuff I’m Reading this Morning… Market’s quiet ahead of earnings from Citigroup (pre-market) and Google (after the close). (Reuters) Bloomberg should’ve bought a blog network instead of BusinessWeek. (VixAndMore) Happy Dow 7537! Ya know, in real dollar terms. (ZeroHedge) What’s the investment climate like Down Under? My mate Trader Mark knows. (FundMyMutualFund) Wait til you…
G'Day Rates! Australia Tightens Up
Australia’s central bank raised interest rates yesterday, beginning the unwind of their credit crunch stimulus program. They are the first nation in the G-20 to do so. Like Norway and Brazil, Australia derives a great portion of its GDP from minerals and mining exports, and so is more concerned about inflation in the near-term than many other…
Quants Get Lonely, Too…
Quants Get Lonely, Too… from the Craigslist Sydney Personals: In the Sydney area? Single? Geeky? Visit this personal ad and maybe make a connection: http://www.craigslist.org/about/best/syd/1187388648.html
