Booz is right. spot on.
those stupid analysts who say rates are going up this year live on Planet Moron.
The economy is in dire straits, and going down the gurgler. Unemployment is rising and will continue to do so. the country is in one of its worsts drought AGAIN. The May budget will be harsh, it has to be.
It will be another year or more before rates move, or even longer. The days of the banks hiking rates as they did under labor are gone.
Rates rise when the economy is heating up ....the economy is COLD and will stay that way.
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