Spot on,
nab have just announced a change in their forecast with two rate cuts now factored in , one in July and the other in November.
this is on the back of unemployment rates stabilising and therefore not leading to wage pressures and also construction cycle at a low point.
this will have a positive impact on ddr being a high yielding steady growth stock and I can see a case for the share price to now push over $4.
this still gives investors better than a 5% yield so completely achievable given the credibility ddr has in the market.
Add to My Watchlist
What is My Watchlist?
