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You should actually be happy if the rate cut is delayed, cause...

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DoctorBen

8,021 Posts.

913

05/04/24

18:42

Post #: 73213298
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Originally posted by AlCp: ↑

Wasn't the economy shit in the 1970s so the interest rate cut was to stimulate the economy???? This is a big difference to now as the labour market is still very strong after a global pandemic and the very high inflation was mainly caused by supply chain issue with other countries reopen at different time. This is why there's been sell off when there's any sign of interest rate cut being delayed.

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You should actually be happy if the rate cut is delayed, cause bulls will end up with a correction for the next swing as opposed to obliteration; and we probably get to play this rate-talk pump and dump game one more time.

Last edited by DoctorBen: 05/04/24

XJO Value at posting: 7,773.3
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