The Property Couch RBA Feb 2019 Announcement - What's causing the deterioration in our economy?
Today’s RBA announcement is more important than all of last year’s “business as usual” announcements… which is why Ben has dedicated more time to explaining it this time around.
Yes, the Cash Rate has remained at 1.5%.
But that’s more to this episode than just the cash rate. Why?
Because there are now more data flowing in, suggesting that over the last quarter of last year, the economy appears to be in sharp decline.
In this episode, Ben explains to you why he thinks this is happening, what’s going to happen to interest rates now and where there might be a great opportunity for some.
Of course, given recent news with the Banking Royal Commission’s Final Report, he also highlights the significance of some of the 76 recommendations, and how this impacts the finance sector.
If you’d like to check out his previous commentaries, click here.
DISCLAIMER: This video is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.
The Property Couch, its employees or its contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.
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LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
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