DislikedI have to totally disagree. Interest rate expectations are what I would say being mis-priced by the markets at this time. Those charts show what is already priced in. I think you ll find in the not too distant future that when the bursting of the housing bubble in Oz takes hold, the next move in interest rates will be down. Also there are signs from China that the economy is slowing.
The market made the same mistake back in 2008, and it is doing it again. A big USD rally is coming. I have been saying it for a few weeks, and have been wrong so...Ignored