how far will rates fall, page-14

  1. 3,704 Posts.
    Hi Miles, just read your post.

    I wouldn't say "relief" as my buffer of affordability is high. This is a major reason why I have accumulated less than others, I have not gone as close to edge of affordability as other people.

    The word I would use is "vindication". I feel vindicated that my long standing belief in the connection between US interest rates and Aus interest rates via monetary exchange rates has once again led to an accurate forecast.

 
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