Do what you like it makes no difference to me.
Personally I dont think the US FED will raise and if they do it will be a piss ant amount that probably wont affect anything.
But that is just a guess on my part the same as everybody else.
The problem everybody has now is the CB are manipulating the currency and rates markets and I include the RBA in that. A couple of years ago Abbott gave them 9 billion dollars to play with.
Unfortunately or fortunately whichever way you swing the RBA has lost control of rates to the Big Four banks that have been raising most of their rates ahead of the RBA as is happening in the US as well.
BDR Price at posting:
32.0¢ Sentiment: None Disclosure: Held
