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Comments on: February RBA: Rates unchanged http://www.tvhe.co.nz/2009/03/03/february-rba-rates-unchanged/ The Visible Hand in Economics Fri, 06 Mar 2009 03:47:05 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2009/03/03/february-rba-rates-unchanged/#comment-17834 Fri, 06 Mar 2009 03:47:05 +0000 http://www.tvhe.co.nz/?p=3076#comment-17834 Hi Miguel,

I would note that there was a 1.6% decline in GNE – which was solely the result of a FALL in inventories. Now falling inventories is not usually a sign of a recession – so there is something fishy here …

]]> By: Miguel Sanchez http://www.tvhe.co.nz/2009/03/03/february-rba-rates-unchanged/#comment-17723 Wed, 04 Mar 2009 10:10:14 +0000 http://www.tvhe.co.nz/?p=3076#comment-17723 GDP -0.5%; in one fell swoop, they’re almost as far down the toilet as us. Whoops!

]]> By: Matt Nolan http://www.tvhe.co.nz/2009/03/03/february-rba-rates-unchanged/#comment-17628 Tue, 03 Mar 2009 16:54:40 +0000 http://www.tvhe.co.nz/?p=3076#comment-17628 Sadly it wasn’t a pick – I just said it was possible. The thing was it was “the closest” I’ve been to a correct pick on rates for a while.

Now, if you ask me about my forecasts of retail sales or wage growth – thats something that seems to be running well for me at the moment 🙂

]]> By: rauparaha http://www.tvhe.co.nz/2009/03/03/february-rba-rates-unchanged/#comment-17571 Tue, 03 Mar 2009 07:01:46 +0000 http://www.tvhe.co.nz/?p=3076#comment-17571 Congratulations on your pick, Matt! Robin Hanson says I can trust you now 😛

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