@bobmninetynine Hi Bob, a cut in interest rates would be good news for investors - other than those entirely invested in cash/term deposits. That was one of the points that I was trying to make - the other was simply saying that is what the market is pricing in - a view echoed by Bill Evans (Chief Economist Westpac)
What about some good news?
bobmninetynine 5 months ago
@bobmninetynine Hi Bob, a cut in interest rates would be good news for investors - other than those entirely invested in cash/term deposits. That was one of the points that I was trying to make - the other was simply saying that is what the market is pricing in - a view echoed by Bill Evans (Chief Economist Westpac)
mdraper66 5 months ago