Trying to have a feed out of the big dog's bowl was never going to end well. I would have thought people would have learned that with the last placement they engineered.
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yes but we all know these lower interest rates create mal-investments - projects which under any normal economic scenario simply wouldn't stack up. I guess the concern is that one day interest rates will have to normalise even if the central banks don't want them to.
I don't know if reducing rates further was the right reaction to a fear led market downtumble. Sadly, we may see the consequences of this later on ?next year with a similar pseudo-recession type phenomenon taking place in the market. A trader may argue this is a good thing to help create pull back for buying opportunities - glass half full.
“CAN’T HAVE TOO MANY OCEANIA”
Still holds true