it’s all in the dollars

Number of View: 40

In my view this is not the only way its hard to tell them apart.

Helpful reality check. Despite the vociferous debate between Joe Hockey and Wayne Swan about debt, stimulus, spending and who would be worse for the economy, AMP Capital’s Shane Oliver reckons there is little to differentiate the parties when it comes to the economic big picture. In a note out today, Oliver says: “The Federal election is unlikely to have a major impact on financial markets at an aggregate level. In fact, the historical record suggests little clear impact, with other factors proving more important. This may partly reflect the broad similarity in terms of macro economic policies between both sides of politics.”

Can you tell I’m bored yet? And its day 3 (officially) of the campaign.

Popularity: 20%

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