correct me if i'm wrong, but, my understanding is that this rebound is due to the idea that the RBA is going to cut rates.
people are claiming that spending is down due to the bushfires and COVID-19
explain then, how a lower interest rate is going to combat the fact that people didn't spend money over the summer because of thick smoke and fires, and are now not spending money due to a contagious virus threat.
where in that analysis is restricted cash flow regarding the consumer? how is a lower interest rate going to entice people to risk getting a virus to go and buy a new pair of shoes? and, what is the lower interest rate going to do to make for all the sales that didn't happen because people didn't want to go outside to avoid breathing in smoke?
i fail to see the logic here.
- Forums
- ASX - By Stock
- APT
- $50 here we come...
$50 here we come..., page-155
-
- There are more pages in this discussion • 794 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)