my finance friend said rates likely to rocket to >4%, i rebuked him but he had last laugh

[ILubKopiHowBoutChiu]

he showed me a long list of schemes by many organisations trying very hard to lock in financial commitments at rates of 3% to 3.3%

he said ignore TV forecasts and look at what the big money is doing

it's also difficult to refute what he says because there is no reason for the increased prospecting at 3% if rates really will drop

 

[focus1974]

your friend got say anything about why SGD is appreciating against USD now ?

 

[d5dude]

Last laugh what? Rates are tanking now, I think the fed will end up cutting 200 bps between now and end of 2025.

 

[bakuganboy]

your friend got say anything about why SGD is appreciating against USD now ?

if put in USD, all wire thru intermediary banks in US. once banned, monies gone. better buy sgd.

 

[yokine3a]

Fed is expecting to cut rates in sept, you think sg won't follow?

 

[2_sillies_trap]

he showed me a long list of schemes by many organisations trying very hard to lock in financial commitments at rates of 3% to 3.3%

he said ignore TV forecasts and look at what the big money is doing

it's also difficult to refute what he says because there is no reason for the increased prospecting at 3% if rates really will drop

thats why alibaba issue convertible bond to raise USD. once the fed rocket the rates, nobody will be able to find USD to repaid interest and principle leow.

 

[buttbERry]

wa zhun bo???

 

[ILubKopiHowBoutChiu]

thats why alibaba issue convertible bond to raise USD. once the fed rocket the rates, nobody will be able to find USD to repaid interest and principle leow.

you also think rates will rocket?

just now i kanna said by my friend until i got nothing to counter. now i think all the talk about rates dropping is just 1 big rugpull

 

[ILubKopiHowBoutChiu]

your friend got say anything about why SGD is appreciating against USD now ?

why?

 

[WeiHan]

But if they keep the rate high, many businesses and banks all buay tahan already

 

[WeiHan]

your friend got say anything about why SGD is appreciating against USD now ?

Is not appreciating wah..still around 1:1.3X. I know what you are at, if FED rate drops, USD will drop against most currencies.

 

[koster]

He's right cos he didn't say when. In the next 10 years later or 10000 years?

 

[Ubi-Warrior]

Last laugh what? Rates are tanking now, I think the fed will end up cutting 200 bps between now and end of 2025.

Wow!!!

Thats quite the big prediction , got 18 months to know whether accurate or not



App Time!!!

 

[leaving_footsteps]

I think rate will drop leh.

 

[focus1974]

from article.

A Trump victory sounds like a straightforward case for a rally in risk assets, but it comes with a notable risk. President Trump has been open with his intention of running loose fiscal policy, lowering rates and weakening the dollar. While this is a very bullish combination for a U.S. based investor, it amounts to a promise of negative returns to a foreign investor.

 

[GarnetDragon]

 

[Ryoin82]

See who becomes President and the next appointed Fed chair.

 

[Lasogette]

I am my penguin and my penguin is me lol

 

[Lasogette]

he showed me a long list of schemes by many organisations trying very hard to lock in financial commitments at rates of 3% to 3.3%

he said ignore TV forecasts and look at what the big money is doing

it's also difficult to refute what he says because there is no reason for the increased prospecting at 3% if rates really will drop

Quite song now a lot of fixed d giving 3% for 6 mths

 

[LostandFound87]

mian kia market ath chiong ah