I wish I was Paul Bloxham

I wish I was Paul Bloxham. The world would be trouble free. Australia’s economy would sail through all challenges. House prices would always go up. Interest rates would always be set to rise and especially so as this cycle gathers pace into next year. It would be divine.

Alas I am not. I see a troublesome mining investment cliff, ongoing trend falls in the terms of trade, house prices struggling to sustain momentum and interest rates remaining where they are for some time before falling again as the economy decelerates into next year.

But, if you would rather be Paul Bloxham too, find his latest call that all will be well below.

130328 the RBA Observer on Hold and Next Move May Be Up

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.