Black Monday

[alokdhir]

And are u talking and consider this period being normal ?? All got it wrong at higher for longer in 2010 also ...then wrong lower forever and now again higher forever!!! Really it will be higher and higher till all need sell houses or get triple wage rises every year ???

[alokdhir]

Unemployment data going better than plan ....will it help rates eventually my mate Bull ?

https://www.newshub.co.nz/home/money...r-quarter.html

[winner69]

Unemployment data going better than plan ....will it help rates eventually my mate Bull ?

https://www.newshub.co.nz/home/money...r-quarter.html

Rates ain’t peaked yet

But that 3.9% will mean Orr will hold off until next year before the next rise ….he’s a wimp

[Daytr]

And are u talking and consider this period being normal ?? All got it wrong at higher for longer in 2010 also ...then wrong lower forever and now again higher forever!!! Really it will be higher and higher till all need sell houses or get triple wage rises every year ???

All got it wrong???
Really???
Did you just make that up?

[alokdhir]

U dont remember the talk at that time ...rates will never come down ?? Then in 2018 that they will never go up etc ...maybe u got it right ...but not all profess to be professional traders mate ....Did I make that out ...anyone's call

[alokdhir]

W69 ...the question is not whether there is another 25 bips left or 50 bips left ...which I sincerely doubt ...but main point is that is it nearer top or nearer bottom ...more time ahead for a cut on horizon or more time ahead for still higher and higher ...Bull talked about assumptions ...so I assume better to look for cuts then hikes now

[Rawz]

times are tough out there from what I can see. Expect unemployment numbers will continue to rise fairly steadily.

[winner69]

Rates settling into new norm I reckon ……NZ 10 year to settle in 3.5% to 7% range

Crude chart tell the picture

[winner69]

I’ve always found ‘The 6/50 Rule’ fascinating - states: “Interest rates will change by at least 50 basis points (0.5%) within the next 6 months.”

Interest more volatile than we assume

Rule apples in the US …no doubt NZ as well

[alokdhir]

Yesterday's Inflation data from European countries was very encouraging ...at least to me

With Italy doing the best with a print of 1.8% YOY ...also GDP figures were below expectations ...both being positive from rates perspective

PS : Maybe to fulfil 6/50 rule of W69 ...we get 50 bips cut in next 6 months ...wishful thinking ??