Australian Investment Blog

**I am currently interstate, please watch out for the weekend Hickman Report on Sunday**

Are the telcos a safe haven if we see a market correction?

In the last few days, people holding Telstra (TLS) have asked me if I would be selling this stock in line with our forecasted market correction.

Overnight, global bond rates fell to their lowest levels of the year, as central bankers are looking for a bit more stimulus. Perhaps the correction in the markets I am looking for is due to the recovery stalling. Will there now be an interest rate decrease prior to kicking back up? Personally, I believe rates will go nowhere for the rest of the year before rising slowly next year.