Mike Baird & Your Interest Rates

Invast Investment Committee

Invast Financial Services

What does Mike Baird's win have to do with the RBA's interest rate decision next week? It's a long bow to stretch, but we've stretched it. Most economists will agree that interest rates are unlikely to change next week. We don't really listen to most economists. Economists didn't expect the rate cut in February, which transpired, while they predicted one in March, which didn't eventuate. Our view is not built on fancy spreadsheets or text book economic indicators, its build on anecdotal evidence which we see among investment markets and in our discussions with large, wealthy and successful investors. We wrote last week about our view that rates have potentially bottomed, even if we do see one last small 25 basis point cut. Our focus this week is to expand our reasons. Full link here (VIEW LINK)


Invast Investment Committee
Invast Investment Committee
Invast Financial Services

Comprising some of the most distinguished multi-asset investment experts in the industry, the Invast Investment Committee is at the heart of our Research and Analysis offering. Our 24 hour Research Team is constantly analyzing global markets...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.