Hey Bull, I think rates are going to come down quicker than forecast both here & in the US. Inflation imo has been tamed and time is a great healer of inflation woes.
So I think we have seen peak interest rates.
Just my opinion of course.
Printable View
i agree with your opinion and have taken positions accordingly and im guessing thats why we have not seen wholesale selling yet in equities but market is starting to price in higher for longer now and the canary in the coal mine is geopolitics which could blow both our thinking out of the water. thats why i was thinking what level of term deposit in NZ would cause people to mass sell stocks
Yes re geo politics / tensions.
Unless the Mid / East oil production is impacted I don't see this having a huge impact on inflation.
Israel are trying to win a mandate for its land invasion hence the release of it latest video.
I don't think they will get it, however it doesn't mean they don't ignore outside opinion or influence & go in hard anyway.
Localized conflicts very rarely have on-going negative impact on markets and quite often the initial fear is not realized.
Aussie CPI surprises on upside …….another rate rise likely
https://www.advisorperspectives.com/...ill-overvalued
"Based on the latest S&P 500 monthly data, the market is overvalued somewhere in the range of 70% to 126%, depending on the indicator, down from last month's 73% to 130%."
Not even bothered to read that article. The SP500 is dominated, massively by the FANGS, they own the market, literally. If you think global domination of their markets is going to change any time soon, then believe the multitude of minions who commentate on it, otherwise, invest wisely.
Analysis paralysis seems to dominate your investment thesis. Good luck with that, you'll never make a decent decision with this nonsense occupying your thoughts. Back on ignore, you add nothing of value in your commentary, despite your nom de plume.