It looks like the USA will need to cut their interest rates ...inflation under control but now the economy needs a boost.
.I expect the USA to lower interest rates very shortly to help the real economy and that should help boost markets.
Yes it's been a bit of a sell off in line with the higher interest rates and now the slight signs of a slowdown...not big signs from the USA but enough for the Fed to take notice.
The Markets in the USA were a bit overstretched and reacted accordingly to the slightly slower growth figures ...and the world markets as always reacted in sympathy .
Just like with a cut in interest rates market will get a boost .The USA will start to cut interest rates sooner and they expected to cut rates...but buckle up for an embracing ride ...we've got a cold and there are a few sneezes ahead before the world reduction in interest rates comes to the rescue.
All the Best to All
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Open | High | Low | Value | Volume |
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50 | 44293 | $6.81 |
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28 | 58208 | 6.800 |
16 | 58894 | 6.790 |
11 | 54300 | 6.780 |
14 | 98664 | 6.770 |
Price($) | Vol. | No. |
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6.840 | 32807 | 11 |
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