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An interesting article -...

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    An interesting article - https://gross.substack.com/p/how-worried-should-you-be-about-the?utm_source=twitter&s=r

    And this chart in particular. The article shows that futures markets are relatively good at predicting RBA rates out to about 2 years, but inaccurate for longer timeframes. So the chart below shows estimated error bands for RBA rates predictions based on that.

    https://hotcopper.com.au/data/attachments/4316/4316482-4f2163b11a5e62b0311a68da5b127ff6.jpg


    So RBA is likely to be at 2.8%-4.7% by Q2 2023, but it's unpredictable soon after that.

    Also very interesting - RBA is likely to go from 0.35% to 2.3%-3.3% by Q4 of this year. Assuming futures markets are good at predicting out to 2 years, like they historically have been.

    Huge for Selfwealth, and only 7 months to get there. We could have good RBA news almost every month through the end of the year.

    It'll have a small-moderate impact on this current quarter's financials, and a large impact on any quarters after that.

 
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