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Culpability Brown

Tuesday Next Week

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On Tuesday of next week another +0.25 point interest rate hike from the FOMC is virtually guaranteed.

This will also mark the end of Greenspan's tenure and leave Bernanke in charge.

With crude oil back up to $67.76 where are global interest rates heading over the next 12 months?

It's a tough one to call. I suspect stalemate for sometime with little or no movement.

Over the next 5 years though I see downward pressure on rates due to failing Western economies and deflationary pressures from the new Asian / Chinese economies being more prominantly exerted.

Then again, to offset this we have rising oil and commodity prices and dollar / sterling weakness to contend with.

What a minefield.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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