Money magazine Comments - The US recession is coming - you have 18 months The US bond market is predicting a recession, and it is never wrong, but what will this mean for Australia? https://www.moneymag.com.au/feed/latest?story=141539675 Wed, 14 Nov 2018 18:32:37 +1100 Wed, 14 Nov 2018 18:32:37 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - The US recession is coming - you have 18 months https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by David Wright ()

Right now while interest rates are historically low you have the best opportunity you are ever going to get to pay off debt. When a loan repayment is 8 parts principle and 2 parts interest you make much better headway then when it's the other way around!

It might be really tempting to buy some bright shiny object right now when money is cheap, but when recession bites and interest rates rise, the shine will definitely NOT be so attractive.

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]]> David Wright () Wed, 14 Nov 2018 18:32:37 +1100 Comment by Peter Ralph ()

The U.S. is raising interest rates faster than any other developed economy. Given this I don't understand the premise "Buckle says it would be unusual for the US dollar to continue to strengthen given rising US interest rates." We must have gone to different schools of economics as I believe It would by unusual if it did not continue to strengthen.

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]]> Peter Ralph () Thu, 15 Nov 2018 21:09:15 +1100 Comment by Groundfinance ()

We have had almost 10 years of stable growth now and the cheap money period is coming to an end. The latest turmoil in markets and commodities shows that something is happening. The tech giants could be the trigger this time, not the investment banks.

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]]> Groundfinance () Thu, 22 Nov 2018 03:33:40 +1100