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XJO - Bear Posts only (Factors which might cause the markets to fall), page-15230

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AlCp

26,467 Posts.

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29/03/24

19:22

Post #: 73120190
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Originally posted by kacy ↑

"That's the reason why we an live with 3-3.5% now and will be the new "norm"

Nop! Inflation is rocketing back up in the US and if you do the sums its already at 4.8%. (0.4 x 12 = 4.8%)

And it will be worse here after all the pay increases and handouts Albo has been palming out.

=> You know things are bad when Biden tells Ukraine to stop fighting Russia with drones - but its ok for Russia to obliterate Ukraine with drones & missiles!

The only way they can cut rates now is if we get a recession or worse.

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I wouldn't call that "rocketing" back up.......

Last edited by AlCp: 29/03/24

XJO Value at posting: 7,896.9
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