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Betting on the stockmarket...need advice
West Australian Racing
rustyh
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rustyh
2,275 posts
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I wouldn't be betting on that!
There is a "realistic" prospect that in 2017 interest rates in the United States will be higher than in Australia for the first time in 15 years, NAB economists say. The last time this happened, the Aussie dollar plunged as low as US48ยข.
http://www.smh.com.au/business/markets/currencies/will-aussie-dollar-tank-when-us-rates-overtake-australias-in-2017-20161229-gtj8ij.html
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thefalcon, rustyh likes this post.
rustyh, listen to zio falcone..steer clear its Russian roulette PLUS you have to have a bank of hundreds of thousands to make it worthwhile.
right, tivers?
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only 7 sleepless nights, rustyh....
;)rustyh likes this post.
Fed Likely To Raise Rates In March
A further adjustment of the federal funds rate would likely be appropriate at the March meeting if employment and inflation continue to evolve in line with expectations, Fed Chair Yellen said in a speech in Chicago, further raising expectations of a rate hike in two weeks.
rustyh likes this post.
more likely to stay onhold rather than drop sorry rusty but realistically anything can happen US debt ceiling freeze ends on the 15th of march
;)
On February 12, 2014, the Temporary Debt Limit Extension Act
was passed, suspending the debt ceiling until March 15, 2015. At that
time, the Treasury Department took extraordinary measures.[32] On October 30, 2015 the debt ceiling was again suspended to March 2017
If the debt ceiling is not raised and extraordinary measures are
exhausted, the United States government is legally unable to borrow
money to pay its financial obligations. At that point, it must cease
making payments unless the treasury has cash on hand to cover them. In
addition, the government would not have the resources to pay the
interest on (and sometime redeem) government securities when due, which
would be characterized as a default. A default may affect the United
States' sovereign risk rating and the interest rate that it will be
required to pay on future debt. The United States has never defaulted on
its financial obligations, but the periodic crises relating to the debt
ceiling has led to a rating downgrade by several rating agencies and a warning by others. The GAO estimated that the delay in raising the debt ceiling during the debt ceiling crisis of 2011
raised borrowing costs for the government by $1.3 billion in fiscal
year 2011 and noted that the delay would also raise costs in later
years.[39] The Bipartisan Policy Center extended the GAO's estimates and found that the delay raised borrowing costs by $18.9 billion over ten years
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called "futures"..
the 15th is the ides of march...a day of doom as predicted by caesars soothsayer..he was correct the emperor was assassinated..
8-Xrustyh likes this post.
If it's interest rates specifically you want to bet on , Gold is another tool if rates go up gold drops , if rates go down gold goes up
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