[quote=Rich Toscano]Are you trying to get me to argue with you about interest rates? Sorry, I don’t want to. You have all the answers already, so what’s the point?[/quote]
Well. It would at least help the rest of us to think about interest rate expectation.
I believe the market is currently expecting that in one year from now, FED will raise interest rate by 25 basis points. Canadian FED will raise the rate by 75 basis points. UK rate will trend around 1%.
I completely agree with gzz’s point that the long run interest rate will be suppressed and FED is right to delay raising the rates, but in the middle term, inflation will force many governments to act, especially more “socialists” governments.
