Disagree,
The reserve needs to make a decisive decision here.
Ten-year bonds loads are lower than short /mid-term deposit rates
This is causing a massive bubble for "EASY MONEY"
The government will pay dearly for this/ it will devalue the dollar with its increased pressure on equity!
The only way out will be to increase fracking/ and local renewables hence reducing inflation pressures on the economy.
They will need to lower rates first quarter of 2024 to stop the bond market bubble
Shares will fire up again then with a more stable back drop....
Interesting to see how things pan out....just my take GLASH
10 YEARS BREAK EVEN IS NEARLY HERE..SO ANOTHER .025 HIKE MAYBE NEEDED BY 2024 TO KEEP THE 10 YEAR BREAK EVEN
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Mkt cap ! $370.5M | |||
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