Providing an evidence-based view of the Australian Economy...since 2010.
Yield curves are a weakness!
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Should we be worried? Yield curve 2012 looks similar in shape to Yield curve 2001 and Yield Curve 2008. And we know what happened to the Australian economy in htose times. Not Great!
Was watching "I'm a Celebrity, get me out of me", and one of the women there (reality TV star from "The Bachelor", Laurina Fleure) mentioned that she believes 70% of women in Australia have Breast Implants. Big call. She might just be saying that as she has them, but even so 7 in 10! Anyway, being a stats man, and interested in breasts, I was wondering if this is true so started to investigate. There are no statistics for Breast Augmentation surgery in Australia, so the best we can go on is an international survey by the name of the "ISAPS International Survey on Aesthetic/Cosmetic stats for 2014" Using these stats, I was able to calculate the average number of Breast Augmentations done per plastic surgeon in the top 10 countries performing the surgery (which is approximately 74 per year) As Australia has 317 Plastic surgeons, that means there are approx. 23,400 Breast Augmentations done in 2014 in Australia. Now as Breast Augmentation is ...
As a night time side project from my day job, I have been busy honing my Java skills, creating a program that downloads price information for the entire ASX from Yahoo Finance and then calculates the ARMS index (or TRIN). The TRIN is a useful little technical tool and can give you insight into general market sentiment. To calculate, use the following formula :- (Number of stocks increasing/Number of stocks decreasing)/(Volume of stocks increasing/Volume of stocks decreasing) Over last two days, the TRIN has gone from 0.88 to 0.89, indicating that buyers are in the asendency at the moment (anything under 1 means people are buying, over 1, people are selling) A figure at around 0.9 is always a good sign for the bulls and a great indicator that the All Ordinaries will continue to increase at least in the short term However the fact that it is going up slightly indicates that maybe the rally is starting to stall. Once it cuts over ...
We have the following in trouble and who need to win convincing in their final games to have a chance to get through. Belgium - (2nd Ranked Team) - 39% chance of going through Argentina (3rd Ranked Team) - 44% chance of going through Denmark (10th Ranked Team) - 28% chance of getting through to the next round. Is playing Australia though Germany (11th Ranked Team) - 22% chance of getting through Mexico (13th Ranked Team) - 22% chance of getting through USA (16th Ranked Team) - 33% chance of getting through Senegal (18th Ranked Team) - 39% chance of getting through Wales (19th Ranked Team) - 15% chance of getting through
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