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- scottik187 commented Aug 30, 2016
news.com.au is worth less than the paper it's printed on. Shame that saying doesn't have any meaning anymore.
- scottik187 commented Jul 14, 2016
Forecast is the consesus forcast by banks/economists/pundits pre announcement. Actual is the announced number. Revised is when they got it wrong the first time and change the previous months figure.
- scottik187 commented May 5, 2016
The headline was bad but the wage growth was good - and that's what's been lacking on the NFP for a few months now.
- scottik187 commented May 2, 2016
Quite right...my bad.
- scottik187 commented May 2, 2016
Housing/construction and mortgage growth are the two strongest areas in Australia. We have a problem.
- scottik187 commented Apr 11, 2016
I think "ravages the economy" is a bit strong...but we will see if it's true come budget time.
- scottik187 commented Apr 6, 2016
To the above question on inflation ... prices haven't gone up because the money hasn't been distributed through the economy, it's only gone to the top 1%. Real wages aren't growing, etc etc. That's my somewhat educated guess.
- scottik187 commented Apr 5, 2016
While the FED may not hike, think about who is in better shape, EU or USA? Everyone seems to be forgetting about Greece too, which hasn't changed...and BREXIT, and now Panama Papers, and refugees... the list goes on.
- scottik187 commented Feb 5, 2016
If you look back at the last NFP, there was a big increase in the headline figure (which has since been revised down) however the main concern was that wages were stagnant...and the jobs created were low paying. This is not surprising as the last ...
- scottik187 commented Dec 7, 2015
Also agree.
- scottik187 commented Aug 24, 2015
Every man and his dog had the stops above 1.1505, no-one on the other side means those stops all blew at once. Will be interesting to see how it goes from here.
- scottik187 commented Jul 8, 2015
This may be a little simple of a explanation, but I see it like this. The money loaned to 'Greece' was actually used to unwind the debt positions of the various banks that held the Greek debt, not to the country itself. This debt was transferred to ...
- scottik187 commented Jun 3, 2015
Read an article yesterday that mentioned the "flash crash" and the Greek default threat being a cause. That was 5 years ago. The Greek debt crisis has been going for at least 5 years. Think about that.
- scottik187 commented Jun 2, 2015
Rally ... sure. But this wasn't just a rally, it was severe reduction in liquidity after the stop run at 1.1070 and above ... when you see price go 20 pips in a second you know it's cause there's noone there to buy. Which brings me to a more ...
- scottik187 commented Jun 2, 2015
Pepperstone - yeah I tried to short there and it didn't let me. But sorted itself out pretty quick.
- scottik187 commented Jun 2, 2015
That's what you call liquidity drying up. Got an "off quotes" message from my broker and everything.
- scottik187 commented May 31, 2015
Agree, and it has been for a while. Watching it balloon here for a while now. My neighbors house sold for $1.1m this time last year, its a reasonably nice house in a nothing street in a nothing suburb. Average people paying over a million for ...
- scottik187 commented May 28, 2015
I think we will see parity by years end. disclosure: am short from 1.1290 and am adding on retraces, target is around parity.