Nabtraders are buying the dip in banks, but not much else.
US stocks went up on the news of a huge 0.75% rate rise and there could be some belief that this tough interest rate play might be the circuit-breaker that helps bring inflation down.
If you want to be spooked by short-term players or media workers who need stories, that’s your choice. I’d rather rely on really smart people and a healthy chunk of market history.
If your portfolio of companies has delivered over the longer term, stop worrying about the short term.
Some stocks are “winners” from higher interest rates. Here’s a rundown of the winners among the top 100 companies.
With this latest hike, Dr Phil’s probably hoping a big ‘stitch in time will save nine’ small rate rises. Right or wrong?
RBA boss Dr Phil Lowe faces an unenviable task with interest rates.
A number of charts are showing what’s going on in a positive sense, which keeps me sticking with stocks this year and next.
Pay me out for being positive but being positive pays off, long-term!
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