Market Insights by Kevin Young

Prediction Results – The Winners

Property Club Insights By Kevin Young

At Christmas 2016 we asked a number of experts their 2017 Christmas predictions for:

  • Australian Cash Rate
  • 10 Year Bond Rate
  • US Cash Rate
  • Australian Dollar
  • Australian Inflation
  • Australian GDP
  • Unemployment Rate
  • ASX

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