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[Closed] Mind you backs (and you wallets)

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Growth expectations up - tick
Unemployment down - tick and closing on range
Inflation back in target range - tick
Negative interest rates? - tick but should be a cross.

Not a good time to be geared to the hilt. ๐Ÿ™

Is the joker card turning into a trump? We shall see....Perhaps not if wages don't recover. Either way, uncomfortable times ahead for the over-geared I fear.


 
Posted : 22/01/2014 3:14 pm
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So... you're saying singlespeeds are the way forward? ๐Ÿ˜•


 
Posted : 22/01/2014 3:16 pm
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So... you're saying singlespeeds are the way forward?

No, fixed is the way to go for now. ๐Ÿ™‚


 
Posted : 22/01/2014 3:17 pm
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So... you're saying singlespeeds are the way forward?

No,

uncomfortable times ahead for the over-geared I fear

I think he's saying that those who wear body armour at trail centres had better watch out, summer is on its way.


 
Posted : 22/01/2014 3:19 pm
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do you mean borrowing loads of money is a bad idea?

(how did the GFC start?)


 
Posted : 22/01/2014 3:19 pm
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i thought it was more a critique of 5 grand+ carbon enduro bikes on blue trails


 
Posted : 22/01/2014 3:21 pm
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Graham and MLC - those posts will not be beaten. Bravo!


 
Posted : 22/01/2014 3:23 pm
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I assumed this was a reminder to those playing with the number 9 or above on a rugby pitch.

Not sure what they were supposed to be minding, however.


 
Posted : 22/01/2014 3:23 pm
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Is the implication that the BoE will increase interest rates the moment we hit the 7% unemployment rate?


 
Posted : 22/01/2014 3:25 pm
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[quote=fervouredimage said]Is the implication that the BoE will increase interest rates the moment we hit the 7% unemployment rate?

They previously stated that the 7% barrier wasn't an automatic trigger point for interest rates to rise.


 
Posted : 22/01/2014 3:35 pm
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Well the BOE have covered themselves with the idea of a labour market pentagon rather than the simple UN rate at 7% but most of the economic surprises are coming on the upside at the moment. We shall see.


 
Posted : 22/01/2014 3:39 pm
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They previously stated that the 7% barrier wasn't an automatic trigger point for interest rates to rise.

Indeed, plus I don't think the BoE are in any real rush to increase rates.


 
Posted : 22/01/2014 3:53 pm
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Which is wise, as I imagine we'd see the still rather fragile economy do a swift nose dive again!


 
Posted : 22/01/2014 3:56 pm
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So, what you are suggesting is that Mortgage rates might go up?

Erm...

That's a very clever synopsis ๐Ÿ™„

Please, do come work for me.. ๐Ÿ˜†


 
Posted : 22/01/2014 3:58 pm