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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: JohnyP who wrote (71528)11/6/2022 12:15:28 PM
From: Madharry  Respond to of 78753
 
I wonder how that savings rate is calculated and whether it included i bond purchases. So far I have not found statistics on ibond purchases but for us money that might have gone into a bank cd is now in ibonds. I am carrying more credit card debt than I ever did because its free! My wife had a large business expense so we paid part of it off with an interest free credit card. I am sure I am not the only one who received that offer.



To: JohnyP who wrote (71528)11/6/2022 4:06:56 PM
From: petal  Read Replies (1) | Respond to of 78753
 
In Sweden the Riksbanken rate is 1,75 %. Inflation is 11 %.

How do you like that 9 % spread?

Given that, it seems obvious what will have to happen to rates, IMO: we will have to follow the FED's example. If we don't, we'll have still more massive inflation, perhaps hyper. Truly stuck between a rock and a hard place.

But Swedish stock market is somehow down just about -15 % from the top. (I.e. nothing, yet. However currency is down a lot relative everything else, especially dollar – so stocks are down significantly in that relative sense.)

I expect mayhem in the months/year(s) to come.

So does every consumer out there already, however, as consumer confidence indexes are below even GFC levels (!!). That is of course usually a contrary indicator. However, this time, it seems that the market is missing something. Or is it the other way around...? Perhaps inflation is discounting itself, so to speak, so that the market doesn't have to come down nominally?

Interesting times ahead; scary, and exciting.