The front page of the Australian Financial Review today talks of the toughening of education standards the FPA requires from 2015 (I’d rather they start now)…anyway…apparently the FPA expect financial planners to be tertiary qualified, pass a national examination, accreditation process, and from next year complete compulsory ethics training. I think higher education standards for …
Daily Archive: November 18, 2009
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Nov 18
Krugman says US Fed’s Cash Rate ideally should be minus 6.7%
My favourite Nobel Prize Winning economist’s article can be found here…This is quite an astounding conclusion but not too far fetched given the evidence. What really concerns me is that whilst the US Cash Rate ideally should be much lower, our Reserve Bank and (judging by the Yield Curve) our markets envisage significant cash rate …
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