SG Talk

Some guru see inflationary pressure building up

(17-05-2024, 10:54 AM)Talent Wrote: [ -> ]Some guru see inflationary pressure building up

You are hallucinating ah?    

Waiting hope so

(17-05-2024, 11:13 AM)Huliwang Wrote: [ -> ]You are hallucinating ah?    

Still a possibility as US raising of its interest rate is one of the attacks to tank the Chinese economy - by depressing global demand for Chinese goods and to burst its property sector.

Sure or not ... up to 5%? If minimum 5% how?

(17-05-2024, 12:39 PM)red3 Wrote: [ -> ]Sure or not ... up to 5%? If minimum 5% how?

HDB Oand is Oni @2.5%. 100% increase. 

  
5% for Singapore or US? US is already 5.5%.        

For his election this November, Biden wanted 3 times cut of interest rates in 2024 but March and June already failed.  

Next is September, would Biden succeed in September to cut rate? Let's see.  

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(18-05-2024, 06:35 AM)Tee tiong huat Wrote: [ -> ]HDB Oand is Oni @2.5%. 100% increase. 

(18-05-2024, 06:35 AM)Tee tiong huat Wrote: [ -> ]HDB Oand is Oni @2.5%. 100% increase. 

        
HDB loan rate is not market rate.  

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If you believe interest rate will be cut, buy reits.
If you believe interest rate won't be cut soon, buy banks.

If you believe recession is coming don't buy anything.

I thought the last one will be more relevant. The US hike rates so fast it cause a lot of damage to the economy that has not shown up yet.
..just like in 2008 when it shows up after rate hikes the economy is in trouble ...

DOW crossing 40000, economy must be very good!!

Huat ah