OMG! The market will be spooked if the RBA cuts 50!

There are some financial market analysts seemingly railing against a 50 basis point rate cut from the RBA next week.

Such a move, it is opined, will “spook the market”, “damage the RBA’s reputation”, “frighten the horses” and other such terms.  These might be valid and interesting projections.  But no one that I have seen has articulated what this actually means.

Will a 50 basis point cut lead to a stock market crash?  I would judge that it would boost the stock market.

For the full post, go to:

 

 http://www.marketeconomics.com.au/1909-omg-the-market-will-be-spooked-if-the-rba-cuts-50