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How will the housing crisis in the US and their stock market crashes affect interest rate rises here?
I am with Wizard and their source their money from GE. They don't source their funds from the capital markets via securitisation. Does this make a difference?
Thanks for the question, I won't be able to give you my opinion on this question due to the fact that I am not a economist.
There has been a lot of speculation in the last few weeks with regards to the US market and how this may or may not impact the Australian Market.
Here is a article that makes interesting reading with regards to Commonwealth Banks opinion on the US Market.
I hope this article helps clarify the Australian market.
Thanks for your question.
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