Inflation

[moXJO]

@waterbottle NZ now officially in recession.

C'mon lads, how long until australia follows suit? We've been in a per capita/techincal recession for like 18 months, how long before it becomes undeniable?

We are talking politicians.

 

[moXJO]

I had us pegged for a rate cut early next year. This government is spending too much on nothing. There's huge amounts going out on essentially non productive areas.

 

[over9k]

The talking heads are now starting to state it openly. We've gotten past the point of copium/bargaining/trying to kid ourselves, next comes depression and then acceptance.

 

[divs4ever]

We are talking politicians.

since NZ has already officially admitted they are in recession , a fair chance we are in one as well ( just not officially )

 

[over9k]

 

[sptrawler]

IMO there wont be an interest rate cut here, with the dollar in freefall, the price increase of imported goods will kick start the inflation again.
So Albo had better get on with the election, before things get worse, we are at 85c Singapore and 49p UK ATM, it isn't very often you see that. Lol

 

[over9k]

IMO there wont be an interest rate cut here, with the dollar in freefall, the price increase of imported voods will kick start the inflation again.

I feel like a proud parent.

 

[over9k]

Alright so I've been carrying on for quite some time saying that we are never going back to the post-gfc-pre-covid 0-1% interest rate environment that an entire generation of us millennials have considered to be "normal" and we've just hit the point of no return:



US 10 year debt, the benchmark for what is considered to be the foreseeable future of interest rates has just, for the first time since before the GFC, cracked pre-GFC levels. Australian 10 year debt is very close behind.

A better indicator of what we're going to see from here on out I cannot give you.

Absent some kind of cataclysmic gfc, great depression, ww2 type event, almost-zero interest rates are not coming back within my lifetime.

 

[mullokintyre]

Absent some kind of cataclysmic gfc, great depression, ww2 type event, almost-zero interest rates are not coming back within my lifetime.

We may have to have you killed.
Mick

 

[over9k]

We may have to have you killed.
Mick

Aren't you like 1000 and actually want your pension fund to make a decent return?

 

[mullokintyre]

Aren't you like 1000 and actually want your pension fund to make a decent return?

Only 999, and i am busy spending my hoards so my kids don't get to fight over it.
mick

 

[over9k]

The european mind cannot comprehend this.

 

[Dona Ferentes]

Only 999, and i am busy spending my hoards so my kids don't get to fight over it.
mick

Methuselah
Born: 3074 BC, Ancient Near East
Children: Lamech, Rakel
Grandfathers: Jared, Danel
Parents: Prophet Enoch, Edna
Grandchildren: Noah, Emzara, Mick

 

[moXJO]

Alright so I've been carrying on for quite some time saying that we are never going back to the post-gfc-pre-covid 0-1% interest rate environment that an entire generation of us millennials have considered to be "normal" and we've just hit the point of no return:


Absent some kind of cataclysmic gfc, great depression, ww2 type event, almost-zero interest rates are not coming back within my lifetime.

Do you think Powell gets the arse straight and QE starts pumping?

 

[moXJO]

Do you think Powell gets the arse straight and QE starts pumping?

*Straight away

 

[frugal.rock]

Do you think Powell gets the arse straight and QE starts pumping?

*Straight away

Spray away?...

 

[farmerge]

Will we being seeing an interest rate drop next month, or is it just a furphy by the spruckers because of an upcoming Federal Election.

 

[moXJO]

Will we being seeing an interest rate drop next month, or is it just a furphy by the spruckers because of an upcoming Federal Election.

I'm seeing bigger economic pain on the street. Problem is the governments migration and spending. We may see a pause until after the election. Prices are still pretty sticky.
I think I saw a prediction of 76% chance of a rate cut. God knows who came up with that.

 

[farmerge]

I'm seeing bigger economic pain on the street. Problem is the governments migration and spending. We may see a pause until after the election. Prices are still pretty sticky.
I think I saw a prediction of 76% chance of a rate cut. God knows who came up with that.

@moXJO No doubt some well paid dreamer to send off good vibes.

 

[divs4ever]

View attachment 190721

The european mind cannot comprehend this.

Europe seems to have lost their mind already , Trump is just helping it to stay lost ( easier to push deals through )