Thursday, Aug 03, 2006

VIs nervous after interest rate "shock"

In2Perspective: Reaction to "surprise" interest rate rise

Various VI responses to interest rate rise...can these people really believe it was "unnecessary" for the BoE to raise rates?!!

Posted by bearnecessities @ 03:49 PM (439 views)
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3 Comments

1. The Bald Man said...

I like the comment consumer wealth rising means house prices will continue to rise. Where has this rise in consumer wealth come from ? I believe it is generated from the government jobs/spending paid from tax revenues generated from consumer spending linking to rising house prices. The increased consumer wealth has been generated from debt which will have to be repaid some time. That time is fast approaching. Interest rates will rise and probably taxes (which as a percentage of income are already very high)

Thursday, August 3, 2006 05:14PM Report Comment
 

2. Bubbles. . . said...

Agree Bald man...As you did with us....! Who is sweating now these intrest rates are rising and will be precusor to further monetary tightening by banks finance houses and dare we say those flash city boys! What price are 4% guilts now?......

Thursday, August 3, 2006 11:10PM Report Comment
 

3. Bubbles. . . said...

Agree bald man.....

Thursday, August 3, 2006 11:29PM Report Comment
 

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