With the certainty of this rate cut, we expect the economy to remain strong, consumer spending to continue, and growth to continue.
This lowers the risk of the carry trade and BOJ's Friday rate adjustment. The current data doesn't show any signal of recession.
Foresees that the tantrum nature of the current dip will not last long as there isn't any substantial threat that will cause a recession or declined in growth. On the contrary, the huge cut will give businesses more confidence to grow on 2025. Suggests to hold your stocks amidst the irrational drop that we are seeing now.
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- poppy jk·09-19 16:25Thank you for your great affirmation.1Report