Normal
I think that interest rates are one of those "understand the market OR make money in the market but you can't do both" situations. OK, maybe it can be done but I've always found that at any given time both the interest rate bulls and the bears can usually make a case for rates to move up or down. And neither seems to acutally make a profit doing it.The more I have learnt about trading the more I have convinced myself to not predict interest rate movements. The predictions business was getting way too expensive for me (due to losses) so I stopped seriously trying to predict these things. And the only thing I regret is not stopping much earlier.I know the orignal purpose of the question wasn't trading as such, just thought I'd add this in. Predictions can be educational but aren't necessarily the best way to make money in the market. Not for me anyway.
I think that interest rates are one of those "understand the market OR make money in the market but you can't do both" situations. OK, maybe it can be done but I've always found that at any given time both the interest rate bulls and the bears can usually make a case for rates to move up or down. And neither seems to acutally make a profit doing it.
The more I have learnt about trading the more I have convinced myself to not predict interest rate movements. The predictions business was getting way too expensive for me (due to losses) so I stopped seriously trying to predict these things. And the only thing I regret is not stopping much earlier.
I know the orignal purpose of the question wasn't trading as such, just thought I'd add this in. Predictions can be educational but aren't necessarily the best way to make money in the market. Not for me anyway.
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