Seeking Alpha

RBA
  Ritchie Bros Auctioneers Inc. - NYSE

11/23/2014, 12:37 PM ET
  • David White | Send Message 2 Oct 2012

    RBA lowered rates to 3.25% from 3.5%. ECB might lower Thurs. Big potential for a sell off. Too high rates bad for economy. Lowered -->hi USD
    Reply (4)
  • View all 4 replies
    • David White | Send Message 2 Oct 2012
      : It's just one possibility. Many people think the EU needs a more stimulatory environment. The ECB will likely bow to that pressure.
    • David White | Send Message 2 Oct 2012
      : It is just a question of when. The EU is going into recession.
      RBA vs. ETF Alternatives
      Company Description
      Ritchie Bros Auctioneers Inc, together with its subsidiaries, operates as an industrial auctioneer. It sells industrial equipment assets such as construction, transportation, mining & selling equipment among others to on-site and online bidders.
      Sector: Services
      Country: Canada