US rate rise in December “pretty much a done deal”

PM Capital

PM Capital

Uday Cheruvu, Portfolio Manager at PM CAPITAL, thinks that it is almost a certainty that the Fed will raise rates this week, given Janet Yellen’s comments over recent weeks. However, he doesn’t think this should be viewed as a negative. “It tells us that the Fed is confident enough about the US economic recovery and the trajectory of the US economic growth to be able to do this”. He also points out that persistent low rates have caused borrowers to forget what it’s like to have real interest rates, which is not a good thing. Click here to see the full interview. (VIEW LINK)


We aim to build long term wealth together with our co-investors by finding and exploiting investment anomalies around the world, using a focused, patient and considered approach to finding simple investment ideas.

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.