@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.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
@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.
Also, when the Economy is doing badly.. The only reason why you drop interest rates is to promote spending, stop saving.. which doesn't work when everyone is heavily in debt and rates are already low.. so next stop, Zero rates and Bank bail-ins (Not bailouts)
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
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
Let the speculation continue ......this is not investing
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!
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Originally Posted by winner69
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