over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
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yes
yesif it does normalize is that a good thing ?
If it normalises, with this amount of disruption going on in the World, I'll be be getting cash out, on the dead cat bounce. Lolif it does normalize is that a good thing ?
World must 'buckle up' for higher interest rates, warns IMF boss
The war between Hamas terrorists and Israel has had a “visible” economic impact, according to the head of the International Monetary Fund, as she warned the era of low interest rates was over.
“Unquestionably we are in a more shock-prone world. And that requires countries to adapt to that world rather than pretend that it does not exist,” Kristalina Georgieva told the Future Investment Initiative in Riyadh.
She said that while inflation was now slowly coming down “it is not going down fast enough”, adding: “So now ... our call to everybody is: buckle up. Make sure that you understand interest rates are here to stay for longer.”
Describing the conflict in the Middle East as “tragic”, Ms Georgieva warned that further global tensions would hurt an already fragile global recovery from the pandemic.
She said: “[In the] uncertain world we live in, growth is slow, and will remain slow for years to come. Inflation is still high and that requires interest rates to remain high, throwing more cold water on growth.
“Who in their right mind would then further negatively impact our prospects for growth by fragmenting the world economy? So please! Come to your senses, all of us!
“We have a very tragic moment by the people affected by the war that erupted. It is devastating for the families that have suffered losses. terrible for the economic prospects for the epicentre of the war [and will have a] negative impact on neighbours through trade channels, tourism channels, cost of insurance and a more jittery world [with] more anxiety in the world.”
Right, in that case, I am going to bet she will give us another 25 points.I'd like to say yes, but I'm going to say no.
Latest betting markets are as follows:Right, in that case, I am going to bet she will give us another 25 points.
I mean she said that renters are having it better this year than in 2021, so she is obviously very much in the loop, and has a pulse on what is happening out there in the burbs.
Mick
just saying ... but it is fairly rare for the RBA to raise on Melbourne Cup DayLatest betting markets are as follows:
RBA "stays on hold" in November paying $2.88
RBA "any rate hike" in November paying $1.53
Hmmm interesting to hear you say "it is fairly rare for RBA to raise on Melb. Cup Day" as got me thinking/tempted to consider juicy odds of $2.88 then as a potential "good bet" loljust saying ... but it is fairly rare for the RBA to raise on Melbourne Cup Day
if it does to save the Ozzie Battler ( dollar ) will the hike be a whole 0.25 % ( or gasp ) even 0.4% and even out the weird rate
just been talking to a business owner ( in a capital city business ) and business was down the previous quarter , but suitable staff is still his major problem ( moreso than rising costs , etc. )
if bond yields are dumped , who is buying them ??Fed holds exactly as markets expected. Equity markets completely unresponsive. Bond yields all dumped however.
Retail...nowhere near enough even short termif bond yields are dumped , who is buying them ??
unless the trend has changed there are less buyers and some just letting current holdings mature ( not rolling them into new bonds )
interesting times
Probably banks holding them on the books as tier 1 capital.if bond yields are dumped , who is buying them ??
unless the trend has changed there are less buyers and some just letting current holdings mature ( not rolling them into new bonds )
interesting times
Should and will are two different things.My punt is that rates have to go higher.
That is true, the Govt is loving the higher for longer inflation, but sooner or later they have to stop the dollar sliding and house prices ramping.Should and will are two different things.
yes i agree , but is there an election in the wind to make a near-term hike unpalatable ?My punt is that rates have to go higher.
I wouldn't be so sure of that trawler.That is true, the Govt is loving the higher for longer inflation, but sooner or later they have to stop the dollar sliding and house prices ramping.
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