Punxatawney Phil saw his shadow, so we’re expecting six more weeks of winter. And Australia failed to hike their interest rates as expected this morning (theirs, incidentally, is at 3.75%), so we expect the US to not start hiking for quite some time. Well, we expected that anyway, but the shadow thing is proof.
[Disclaimer: for the lulz, not for investment advice.]
Bitter // Feb 4, 2010 at 4:00 am
And no discussion of the Reserve Bank of Australia’s decision not to raise interest rates this month would be complete without introducing David Kiely. While a colleague was being interviewed on TV about the rate decision, Kiely was visible in the background checking out pictures of Miranda Kerr from GQ:
http://www.theage.com.au/business/kerr-kerfuffle-help-for-hapless-busted-banker-20100204-nf1m.html