Thursday, 29 July 2010

Still where I started.

At the very beginning of this election campaign I speculated that if there were no opinion polls to guide us in a different direction, pundits such as me would be basing their assumptions about who would win the election on economic conditions and on that score would have Labor most likely.
Well since then, opinion polls aplenty have come and gone without doing anything but confuse so I’ll stick with my belief that “It’s the economy, stupid” is still the most important matter. And with the chance of a further interest rate rise having gone with yesterday’s inflation numbers the economic outlook is benign enough to suggest that a majority of people will not be angry enough with this government to actually throw it out.
29-07-2010 interestrateindicator
The market now has no change as an 87% chance
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