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“Billions spent on this. Billions spent on that. It’s all relative right?,” asked the creators of the amazing chart included in this post. [...]
“In a move that surprised some analysts, the Reserve Bank of Australia (RBA) hiked its Overnight Call Rate by 25 basis points to 3.25%. The headlines made a special effort to point out the move was the first tightening amongst the G-20, but in all candor we humbly ask who else could have been a viable contender?,” asked James Pressler in this topical guest post. [...] More on this topic (What's this?) Australia is all that and more (Fusion Investing and Analysis, 10/6/09) Commodities-Rich Australia Leads the West's Recovery (Money Morning, 11/9/09) LNG Makes It A Really G’Day, Mate (Investment U, 9/16/09) | |||||||||||||||||||
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