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Alan Kohler has a record of dumping dollar duds – see here, here, here and here for instance – and today is no different:
Now that a rebound in American jobs growth has confirmed that the US economy’s summer slowdown was temporary and has more or less locked in a December Fed rate hike, the focus will turn to what it means for us.
Specifically, should Australian export businesses get out the cake and streamers for the party they’ll have when the US dollar takes off and the Aussie slumps deep into the 60s?
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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.
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