Australian (ASX) Stock Market Forum

How will the interest rate change affect the market tomorrow???

PorscheACE said:
How will the Interest Rate Change Affect the Stock Market tomorrow?

I expect a rally 2mrw (barring a bloodbath overseas) regardless of what happens - except comments that point towards further rate rises; as some economists have predicted...

Remember when the CPI data that determined the last FED hike in the US; people were expecting the core to be at 0.2%, it came in at 0.3%, higher than every1s expectations; and the DOW and other major indices rallied; and then when the rate hike was confirmed; another rally

The market will be up 2mrw unless something happens overnight; not because the RBA does or does not raise rates; but because THE UNCERTAINTY IS TAKEN OUT OF THE MARKET
 
PorscheACE said:
How will the Interest Rate Change Affect the Stock Market tomorrow?

Short term I don't know, long term, bad.

For many folks, this lousy .25% will be the straw that breaks the camels back.
 
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