Morning,
Always a good day when you wake up.
9 days to go.
Wet here, 21C
US rate cuts pushed out to Oct, some wondering if there will be any at all.
Not impossible for a rate cut here before the election but only because Labor has been tampering there with rules and personell, they shouldn't cut though, our inflation still way too high, jobs still strong, dollar at lows, reduction in inflation numbers is largely due to accounting fraud rather than an actual real world fall due to the subsidies impact on the calculations. Inflation likely to pick up imho.
Petrol is expensive, we could do with some petrol tax relief like ScoMo gave us, that was nice.
Bonds yields strong.
Coffee and Chocolate top gainers in their sector.
