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MohammedBigun

2,632 Posts.

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27/06/24

12:26

Post #: 74507211
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Originally posted by Neo888: ↑

We're back to the same discussions from the last time you were on these forums. Im willing to bet that in the coming weeks or months we see much lower levels than that of this morning. As much as you dont agree with it, the CPI print yesterday will have a big impact, and another rate HIKE is nowhere near priced into the market. We'd be hiking while most of the world hasn't moved in like 9 months or even cut (ECB).

We might not see our first cut for another 6-12 months and there are implications to that. We dont have a huge AI sector to take us to new highs while inflation is still rampant and rates are going up.

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Europe is a bit different to us and the U.S. when it comes to Interest Rate increases or decreases due to demographics. Just member that Big Nutz.

XJO Value at posting: 7,708.7
2 Upvote

0 Great analysis

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