Think you have summed it up nicely with weightlifting analogy....

Think you have summed it up nicely with weightlifting analogy.

That's why the banks are doing so well also, they create a lag between lending rates and deposits, which don't track the increase and lag behind for some time, b**tards.

I guess your point is that also works more broadly for income base to service debt. moral of the story, "the moment rates get cut, watch shares and property fly".

Thats why central banks has been delaying as much as they can to balance inflationary pressure - get this under control first. we have seen first cuts by European central banks, so later this year Fed and RBA to follow suit, it's only a matter of time.

Whilst it is on the horizon so won't be a surprise, its likely we see a run at that point. This bodes well for biotech and Race in its development cycle in H2 (first patients dosed under CPACS). Also, makes some of the Christmas price targets not that unrealistic.