Post by
garyreins on Mar 09, 2024 10:56am
ALL I HAVE TO SAY
With large expectations of a June cut give or take 1 month, if the narrative becomes "inflation still high"- fall 2024 now or not even 2025 altogether, it will be an epic con job. Some werent thinking we need the hike to 5%, but it came last spring. Then expectations in september 2023 were of March 2024. Will be the 3rd go around of a fake out here.
Central banks should be able to recognize the 14-16 month lag in policy rate and start cutting at 12 month mark, not once it all comes crashing down in the fall 2024 as Tom FROM HR predicts
Comment by
rad10 on Mar 09, 2024 1:04pm
I have several preferreds resetting soon. Higher for longer is appropriate - you want to trigger another housing free for all?
Comment by
Northforce13 on Mar 10, 2024 4:29am
i agree with what you said. A problem is governments spending too much, driving inflation, creating a lot of debt which competes for capital and pressures rates. I think we are a long way off before pressure on governments to reign in spending exceeds pressure to maintain spending.