I think the US plan is drive the interest rate down and inflation up, if money is in the bank drawing no interest and being chewed up by inflation, they probably figure anyone who has money will take a chance and put it into stocks, considering good stocks are way oversold. I wouldn't be too surprised if they go to .05 interest considering how desparate things are getting for this US. Assuming sentiment changes because people are left with no option but to buy stocks, sentiment will pick up here. All sounds way too simple I guess.
- Forums
- ASX - General
- us dollar
us dollar, page-6
Featured News
Featured News
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online