John McDermott
John McDermott
clearly commodity cyclical demand extended perspective prices supply
While commodity prices clearly look extended from a cyclical perspective, supply and demand fundamentals nevertheless look favourable,
increase money petrol prices tax
Petrol prices are like a tax increase -- they take money out of everyone's pockets,
credible hope people price within
A price of $2 is not impossible, ... I hope not, but it's within the realms of what credible people are forecasting.
below cars cent gone goods happened houses oil period prices seen six
Six years ago it was up to about $1.20 a litre, then down to below $1, ... But that was over a period of six years. Think about what's happened to the prices of houses and cars and most goods in that period -- they've gone up 2-3 per cent a year. In real, inflation-adjusted terms, we've seen oil come down.
phone sat works
We just got our first sat (satellite) phone that works today.
anecdotes consumer december expect housing looks market numbers official trading
We expect the housing market will trudge on. For consumer spending, the official numbers will be strong, but by December Bollard will have the anecdotes about how pre-Christmas trading is looking. If it looks like a shocker, he won't move.
anecdotes consumer december expect housing looks market numbers official trading
We expect the housing market will trudge on, ... For consumer spending, the official numbers will be strong, but by December Bollard will have the anecdotes about how pre-Christmas trading is looking. If it looks like a shocker, he won't move.
modest movements recent unwise
It would be unwise to read too much into modest movements in the index in recent months,
bodies cases girls missing
These cases the girls missing are most unusual, no bodies have been recovered.
given similar statement statements
The statement was very similar to the statements he's given previously,
You get out of it what you put into it.
available commercial lots louisiana moved private space trailers
The trailers will be moved out when there is space available for them on private and commercial lots in Louisiana and Mississippi.
bit inflation perk quite start stop suffered thinking
When that is in place they can stop thinking about inflation and start thinking about how to perk up the economy, which by then will have suffered quite a bit of damage.
according elevate flood plains rules
We can put them in flood plains if we elevate them, if we elevate them according to the rules and regulations.