It's funny watching the talking heads on the news now saying there is no chance of our RBA cutting interest rates this year after they were saying only a couple of weeks ago the RBA was expected to increase rates and subdue inflation fears. How the hell would they know what's next? Of course, they are completely clueless. It's just a job for them to keep the masses "informed" of BS news. For all we know, we could have a crash this year that of course would warrant an immediate cut in interest rates. Alternatively, we could have a ripper of a rally and that would warrant an increase in interest rates. Since when did central banks preempt the markets? NEVER! They always follow the markets. Talk about the tail wagging the dog. More like the blind leading the blind. Place your bets, ladies and gentlemen!
