Post by
JoeBravo1 on Oct 17, 2024 4:46am
Nov. 6-7 FED Meeting and Rate Cut...
Not too long now and the FED meets in November which means time for another rate cut.
Some are saying there will be no cut, but I'm quite confident the FED will cut rates at a pre-determined amount each FED meeting as has been the case with the BoC.
Thing is, will it affect the price of TLT and ultimately HPYT?
Well according to logic it should cause appreciation in both, even though this didn't happen last time around.
Just another 3 weeks away. Let's hope Harvest was right in promoting potential appreciation with rate cuts.
Comment by
TheeRook on Oct 23, 2024 4:52pm
Harvest did not count on Trump winning the US presidential elections. Under Trump more inflation higher rates which is one reason why interest rates are going back up . Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says https://www.cnbc.com/2024/10/23/trump-tariffs-likely-to-lead-to-higher-us-interest-rates-iif-chief.html
Comment by
TheeRook on Nov 06, 2024 3:44pm
Ttrump won Had a platform of tax cuts for the rich and not breaking up big tech. Democrats more taxes on the rich break up big tech.