My mate Jared says
@dailydirtnap
Just a reminder that rate cuts, or the promise of them, only offer temporary relief and have no power to prevent a bear market once in motion.
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My mate Jared says
@dailydirtnap
Just a reminder that rate cuts, or the promise of them, only offer temporary relief and have no power to prevent a bear market once in motion.
All is well
trade like hell
https://www.ccn.com/dow-jones-china-trade-war-reversal
Markets did better when Obama was president
Come on Donald ...pull finger
big rally this week on rate cut hopes in US
Dow surges 300 points after weak jobs report spurs rate-cut hopes
https://www.cnbc.com/2019/06/07/us-f...-in-focus.html
even japan might cut rates
The Bank of Japan will lower its short-term interest rate to -0.3% from -0.1% in September to head off risks posed by an expected Federal Reserve rate cut, JPMorgan Chase & Co. said in a research note
https://www.bloomberg.com/news/artic...d=premium-asia
RBA say will be cutting again this yr and dare i say NZ will have too again at some stage. i reckon 3% mortgage rates next yr
Totally agree with you....I am really trying to stay focused on the companies I have and their fundamentals to get a view on the impact of rate cuts; for some it is good but in reality some of the share prices within my listed investment trusts are getting well over heated....just today one large cap FTSE listed fund surged 2.5% on the rate cut PREDICTION, it has broken out of its normal NAV/share price ratio. Of course I will continue to hold for the time being but come on there is a lot of hype. One assumes that many of the dividend payers will become more attractive again in for off-shore cash (in spite of the slight USD ease back)...no doubt there may well be holders of Yen looking for an income!