On the jobs front, you say employment numbers are good, and I agree. However, if higher rates are exported from overseas in the form of higher funding for our banks, that could lead to job lossess, in that, if households cannot afford to pay ther mortgages, they certainly wont be spending money at the shops, on services, gym memberships, etc. Our economy is driven 55% from household spend due to the steady demise in manufacturing over the past 10 to 15 years.
