Monday, November 26, 2012

Dix Index Update

Ever since the GFC hit in '08, the Dix Index (a measure of the extent to which the Weatherman's panel of economists agree on the the future direction of interest rates) has been struggling to get back below 0.5, having rocketed above 2.5 at the height of the crisis. As things around the world start to look a shade more benign the index is now just above that level.

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