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MG0h3

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Australian stocks & ETFs rise after RBA’s smaller-than-expected interest rate hike​

Oct. 04, 2022 9:22 AM ETiShares MSCI Australia ETF (EWA), GENE, BHP, FXAKZIA, IMMP, IMRN, FLAUBy: Jason Capul, SA News Editor

Australian flag

Ramberg/E+ via Getty Images

Stocks and exchange traded funds tied to the Australian market advanced in Tuesday's premarket trading in the U.S. The move came after the Reserve Bank of Australia raised interest rates by a lower-than-expected amount.
The country's central bank increased its key rate by 25 basis points rather than the 50 basis points that was anticipated. As a result, Australian stocks rallied, with the S&P/ASX 200 finishing higher by 3.75%. The market was also helped by momentum from Wall Street's rally the previous day.
With the rise in Australian shares, U.S.-listed funds and stocks tied to Australian securities felt a topside push in premarket action. The iShares MSCI-Australia ETF (NYSEARCA:EWA), a fund that tracks an index composed of Australian equities, is +1.7% in premarket trading.

Not familiar with AUs situation.

Record high inflation and tight job market like us?

Once the interest rate hikes do what the Fed wants them to, I suspect we’ll see a retreat. According to Powell, ZERO of what they want to happen has happened so far.


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Weather Man

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Not familiar with AUs situation.

Record high inflation and tight job market like us?

Once the interest rate hikes do what the Fed wants them to, I suspect we’ll see a retreat. According to Powell, ZERO of what they want to happen has happened so far.


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The debt service bubble and the dollar crushing all is putting tremendous pressure on the Fed. They have to be weighing their actions effects on the world financial system now.
 

MG0h3

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The debt service bubble and the dollar crushing all is putting tremendous pressure on the Fed. They have to be weighing their actions effects on the world financial system now.

So kick the can down the road? Sorry. They let this shit happen and retarded people over extended themselves.

We can’t save them all.

Maybe people need to learn to better manage their money and greedy ass lenders need to learn their lesson.

And the GOV shouldn’t bail them out either. **** em. Let their CEOs swan dive off the 100th floor.


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MG0h3

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The debt service bubble and the dollar crushing all is putting tremendous pressure on the Fed. They have to be weighing their actions effects on the world financial system now.

So kick the can down the road? Sorry. They let this shit happen and retarded people over extended themselves.

We can’t save them all.

Maybe people need to learn to better manage their money and greedy ass lenders need to learn their lesson.

And the GOV shouldn’t bail them out either. **** em. Let their CEOs swan dive off the 100th floor.


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MG0h3

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The debt service bubble and the dollar crushing all is putting tremendous pressure on the Fed. They have to be weighing their actions effects on the world financial system now.

So kick the can down the road? Sorry. They let this shit happen and retarded people over extended themselves.

We can’t save them all.

Maybe people need to learn to better manage their money and greedy ass lenders need to learn their lesson.

And the GOV shouldn’t bail them out either. **** em. Let their CEOs swan dive off the 100th floor.


Sent from my iPhone using the svtperformance.com mobile app
 

MG0h3

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The debt service bubble and the dollar crushing all is putting tremendous pressure on the Fed. They have to be weighing their actions effects on the world financial system now.

So kick the can down the road? Sorry. They let this shit happen and retarded people over extended themselves.

We can’t save them all.

Maybe people need to learn to better manage their money and greedy ass lenders need to learn their lesson.

And the GOV shouldn’t bail them out either. **** em. Let their CEOs swan dive off the 100th floor.

Easing the pain so people don’t go belly up won’t do anything but delay the inevitable. Humans are increasingly stupid and entitled.

Only way they learn not to put their hand on the stove is to get burnt.

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MG0h3

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Bought 100 USO at 69.91 this am.

Considered buying more but since retarded GOV officials have their hands in this, no telling what will happen.


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Weather Man

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So kick the can down the road? Sorry. They let this shit happen and retarded people over extended themselves.

We can’t save them all.

Maybe people need to learn to better manage their money and greedy ass lenders need to learn their lesson.

And the GOV shouldn’t bail them out either. **** em. Let their CEOs swan dive off the 100th floor.

Easing the pain so people don’t go belly up won’t do anything but delay the inevitable. Humans are increasingly stupid and entitled.

Only way they learn not to put their hand on the stove is to get burnt.

Sent from my iPhone using the svtperformance.com mobile app

If the US Fed triggers the world bond default, that would be awkward and take us right along with them.
 

Weather Man

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Bought 100 USO at 69.91 this am.

Considered buying more but since retarded GOV officials have their hands in this, no telling what will happen.


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Some room to run with the macro.
 

Weather Man

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Here's something not for the faint of heart!

OILK ProShares Trust - ProShares K-1 Free Crude Oil Strategy ETF​


@Klaus Is this a leveraged play on oil futures?
 

Klaus

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MG0h3

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If the US Fed triggers the world bond default, that would be awkward and take us right along with them.

Nuke the system.
Can’t just keep doing the same shit.

Even if we could, they won’t.

I bet they keep raising. If they don’t, they lose all credibility, if they have any.

They’ll be seen as an arm of the rich, doing it to save the markets, as you said.


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q6543

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This is almost too comical.
OFC they're gonna kick the can down the road.
I don't think we see more than maybe MAYBE .50bps hike(and that's a mistake)
And then pause for eternity, leading to cuts.

They have all the credibility in the universe... they just took the U.S.D. parabolic!
 

Klaus

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This is almost too comical.
OFC they're gonna kick the can down the road.
I don't think we see more than maybe MAYBE .50bps hike(and that's a mistake)
And then pause for eternity, leading to cuts.

They have all the credibility in the universe... they just took the U.S.D. parabolic!

I think another 75bps although i would not be surprised if it is 50 bps.

Hard money fanatics have always amused me. You think it would be a GOOD thing if rates were double digits? You know what the economy looks like in that scenario? You would be a serf.
 

BOOGIE MAN

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I think another 75bps although i would not be surprised if it is 50 bps.

Hard money fanatics have always amused me. You think it would be a GOOD thing if rates were double digits? You know what the economy looks like in that scenario? You would be a serf.
Ha! Joke's on you, I'm already a serf
 

MG0h3

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Maybe a 50 in NOV and 50 in Dec.

This isn’t about what’s right or wrong or would work best. We are talking about the GOV after all. The same assholes that got us into this.

This is about what is most likely.



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MG0h3

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This is almost too comical.
OFC they're gonna kick the can down the road.
I don't think we see more than maybe MAYBE .50bps hike(and that's a mistake)
And then pause for eternity, leading to cuts.

They have all the credibility in the universe... they just took the U.S.D. parabolic!

You have BTC. Who cares about interest rates.


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