Core-logic vs Me, how’s that for a battle? Below is a snippet headline from CoreLogic’s news feed

“Today’s interest rate decision was always going to be a line ball; however, the 25 basis point lift is likely to be the last“

My view, while I can definitely appreciate the relevance of what he is saying, I know that history repeats itself due to the human nature aspect and in the past when rakes have hiked up, they dont usually peak until unemployment rises.

Currently unemployment figures are still at 50 year lows which is a good thing but unfortunately I dont think we have seen the end to rate hikes just yet, while people are hurting, I dont think we have had the extreme pain yet. I feel given the current increases in rate hikes unemployment will soon cease when inflation starts to come down and that’s when we will see the peak of these rate hikes. Goods and services get cheaper, profit margins are cut, companies start cost cutting and boom there goes the low unemployment figures.

Core-logic vs Me, who will win? Time will tell