Hopefully, lower inflation overseas will cause a rate sut in...

Hopefully, lower inflation overseas will cause a rate sut in early 2024..which would be good for getting things brownfield in the small caps sector.
Russel 2000 has been down for 3 years...
We in Australia might need more pain..USA rates are 7% to nearly 8%
and we here in Australia are 6.50% to 7.50%
not much difference...

USA 10-year break even 2.31%
Aust 10-year break even2.25%..so we are nearly in line with the states...
Might be the last hike if fuel keeps in check but that's a volatile factor that created higher inflation in midterms/ long term.. the slowdown in economies can reduce pricing power...

pre-market

Huge Green Day tomorrow, we are flipping, massive news with inflation in the States;


Dow futures surge 300 points, Treasury yields plummet after inflation report Published: Nov. 14, 2023 at 8:40 a.m. ET