Yes the dangers in listening and bowing to short term myopic views and opinions from knee jerkers, media commentators, and pseudo-economists....It seems the media seem have temporarily lost their focus on the dangers of our property market bubble...
Wheeler and Co have continuously kept the media and markets well informed of the economic state of play and the Bank's intentions ...so the sudden Market reaction to the Aussi easing is disturbing...
Yes ..I agree with Roubini too.
His article mentioned NZ too