D. Alexander Capital CIO Discusses This Week’s Economic Data on Ausbiz

“The underlying motivations behind the recent drop in interest rates, while opaque, are not directly linked to this week’s economic data. Instead, the drop in rates offers a textbook example of an episode during which the price action itself has become the event. This sounds more than a bit glib to be sure, although such repricing's against a contradictory fundamental backdrop have a history of persisting until the lower rate plateau becomes the new norm.” — Larry Shover, D. Alexander Capital CIO