Markets are sending a worrying signal about the Australian economy

oracle · 14th Dec, 2018

Bloomberg said:

In the bond market, the yield curve for overnight index swaps -- a gauge of expectations for short-term rates -- has inverted, showing that traders expect the RBA's cash rate to be slightly lower than the current 1.5 per cent in a year's time.
Click to expand...

Bloomberg said:

Similarly, the cash-rate futures market is now suggesting about 10 per cent chance of a cut in the second half of next year, and less than 5 per cent for a hike.
Click to expand...

Bloomberg said:

"If I had to set up a casino and the odds were 50/50 that the next move would be up or down, I'd put my money on the next move being down" for the RBA, said Chris Bedingfield, who runs a global real estate fund at Quay Global Investors after previously working in investment banking.
Click to expand...

Full article here

Cheers,
Oracle.

Blueskies · 14th Dec, 2018

That’s a worry, in my experience the most intelligence on predicting and responding to future macro-economic conditions goes:

1. Bond market
2. Share market
3. Property market
.
.
.
.
n+1. Politicians

Log in or Sign up

Markets are sending a worrying signal about the Australian economy

oracle Well-Known Member

Blueskies Well-Known Member

Log in or Sign up

Markets are sending a worrying signal about the Australian economy

oracle Well-Known Member

Blueskies Well-Known Member

Useful Searches