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    My theory on why the market is a little spooked

    Can't make a point without being politically incorrect... obviously talking generally about outsourcing to India. It's like saying people in China and Russia are still poor - but actually there're more millionaires combined than USA and Japan combined.
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    My theory on why the market is a little spooked

    When I did use them, they were pretty slack. Didn't use them any more - wrong data and lots of it.
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    My theory on why the market is a little spooked

    Can you imagine if all the Indians were let in to do financial analysis and IT work? Some of you IBM consultants and Goldman Sachs bankers out there would probably go back to $40k a year, if lucky. The free lancers will be out of work
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    My theory on why the market is a little spooked

    Driving the new E-Class? Looks nice
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    My theory on why the market is a little spooked

    LOL, your collection of suits are worth more than their take-home pay? When I was an analyst I bought $150 suits from China. I don't know why analysts need to buy expensive suits when they're in the office looking at excel/ppt. But even if you did go see a client, I'm sure no one cares what...
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    My theory on why the market is a little spooked

    Take a big organistaion like CBA. The % is probably less than 1.0%. Same with say PwC or Freehills.
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    My theory on why the market is a little spooked

    Compared to doctors and lawyers? Yea probably. God forbid if you're an economist/academic/greenie/same thing
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    My theory on why the market is a little spooked

    Hah my cleaner makes $150 for popping around for an hour and a half. He probably cleans around 4 houses a day, and also tutors another language. Don't even need qualifications Lucky this is an investment forum - can you imagine how angry the public would get if they found out people are...
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    My theory on why the market is a little spooked

    I think he's included rural data - hence "if you get country-wide prices"
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