ISTJ
LeeDee
:
interest rate cut is a good thing actually, it creates more demand for loans. Companies will be more willingful to expand business coz their cost for capital loan is lower now. Banks will have more customers too
ISTJ
LeeDee
:
but lower the interest rate too abruptly means something really bad happens to economy, usually would lead to a recession and market sell off. so the central banks have to be very carefull and take baby steps
103083351 : when is the best market price buu
LeeDee : With interest rate dropping, I starting to wonder if it’s right time to buy since revenue will drop
101721316 OP 103083351 : you are gonna regret if you buy in now.
ISTJ LeeDee : interest rate cut is a good thing actually, it creates more demand for loans. Companies will be more willingful to expand business coz their cost for capital loan is lower now. Banks will have more customers too
ISTJ LeeDee : but lower the interest rate too abruptly means something really bad happens to economy, usually would lead to a recession and market sell off. so the central banks have to be very carefull and take baby steps
Cyberkayu : haha, how bad it can be, any purchase these few days is averaging down my price.
DBS is the main bulk of STI aka too big to fail, collect dividend ba
WinningTrader LeeDee : ask AK71