ZIP 3.63% $1.29 zip co limited..

Just countering the fiction you made about my "six" interest...

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    Just countering the fiction you made about my "six" interest rate cuts what.png with a little insight where I actually did make calls on interest rate calls (again all in my history)

    Seriously if you weren't so greedy you probably could convince people of your absolute B/S on others comments - six interest rate cuts? Really?

    I have never really make individual interest rate calls on ZIP threads. What I did do in mid and late 2023 was correct you and others absolute rubbish on rising interest rates in the US by showing you yield curves and actual trading BBSW in the US and AU that directly contradicted actual physical forward mkts - they trade in the hundreds of millions USD in physical mkts unlike your fictional calls.

    I even informed you rather than wasting your time trading ZIP CFD's on your forward interest rates calls you'd make far better money on trading fixed income forward options. Fortunately you didn't have the ability, as obviously you and the other departed bears rubbish calls of interest rate rises in the US last year never eventuated.

    See I did get one interest rate call wrong Tekvest and am happy to admit it. As I actually read Australian Treasury data and don't just spout uninformed opinion on here all day long, I certainly wasnt in September calling Bullock raising rates in November 2023 in AU. Afterall preceeding interest rate rises had already added some $1,100 in monthly repayments for those with the average $500,000 loan. And ahead of Bullocks raise that Australia did not need IMO - just as the RBA did not need to keep pumping free money to the economy for a year after inflation emerged - Treasury figures already showing steady drops in inflation:

    https://hotcopper.com.au/data/attachments/6122/6122786-5360975033d3c3f0d1c513e2420d52fa.jpg
    https://hotcopper.com.au/data/attachments/6122/6122788-81f46889732da119b28b1bc97c87cc74.jpg

    Whilst Bullock was saying households were "doing fine" and they still had a buffer from COVID the stats said otherwise:

    https://hotcopper.com.au/data/attachments/6122/6122793-9f429ab21930eeedd3bfa8a1b1db15db.jpg

    I ddidn't make calls on interest rates contrary to your lies. But here's one. The last raise by Bullock was unnecessary. The RBA's own figures showed more than 10% of mortaged households were under water when she raised rates. She is as clowny as Phillip Lowe who ignored monetary lag even more pumping cash into the banks at 0% for a year after it was needed, thus amplifying the very inflation he then ramped up rates against.

    I think the only more clownish commentaries I have seen than their's on interest rates and inflation have been yours on here.

 
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