At Christmas 2016 we asked a number of experts their 2017 Christmas predictions for:
Who were the winners?
1st Place – 15 Points – KEVIN YOUNG
2nd Place – 10 Points – WESTPAC
3rd Place – Tied on 9 Points – CLIFFORD BENNETT, NAB BANK & COMM BANK
AU CASH RATE: 1.5%
1st –Tied WESTPAC, NAB & (PAUL BLOXHAM HSBC) – (1.5%)
2nd – Tied KEVIN YOUNG, CLIFFORD BENNETT (1.75%) & SHANE OLIVER (1.25%)
3rd – COMM BANK
10 YEAR BOND RATE: 2.651%
1st – NAB (3.2%)
2nd – KEVIN YOUNG (2%)
US CASH RATE: 1.5%
1st – WESTPAC (1.63%)
2nd – CLIFFORD BENNETT (2%)
3rd – Tied KEVIN YOUNG (0.75%) & NAB (2.25%)
AU DOLLAR .76c
1st – KEVIN YOUNG (.80c)
2nd – Tied NAB, PAUL DALES & COMM BANK (.70c)
3rd – CLIFFORD BENNETT (.84c)
INFLATION: 1.9%
1st – COMM BANK (2%)
2nd – CLIFFORD BENNETT (2.1%)
3rd – KEVIN YOUNG (1.5%)
GDP: 0.9%
1st – KEVIN YOUNG (1.5%)
2nd – Tied CLIFFORD BENNETT & WESTPAC (2.8%)
UNEMPLOYMENT RATE: 5.4%
1st – WESTPAC (5.4%)
2nd – COMM BANK (5.25-5.75%)
3rd – KEVIN YOUNG (6%)
ASX: 6067.30
1st – SHANE OLIVER (AMP CAPITAL) (6000)
2nd – KEVIN YOUNG (5900)
3rd – COMM BANK (5850 – 6100)
These results were put together by Chris Sampy, thank you for collating the predictions for the entire year. I look forward to seeing who predicts right in 2018! Send your predictions to us if you think you know what interest rates will do this year!
Kevin Young Club Founder
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