Bank of Canada will move before the Fed

Рет қаралды 41,238

Ай бұрын

Ed Devlin, founder of Devlin Capital, talks with Financial Post's Larysa Harapyn about stocks, bonds and what the Bank of Canada and Fed might do next.

Пікірлер: 40

@tanmani4040 Ай бұрын

Can you guys speak with someone that doesn't have a financial incentive for rate cuts to happen? Would be nice to get an unbiased response.

@KD-ds1lp Ай бұрын

There is no fun in that

@bradrozzano687 Ай бұрын

Agree These guys promoting the market are nothing more than casino operators

@dimitrychekov1136 Ай бұрын

This guy is pushing for a weaker Canadian dollar because it’ll be good for us…. Exception being those of us who like eating food.

@charlied4486 Ай бұрын

Housing prices need to drop, not rates !! 🎉

@No87633 Ай бұрын

😟

@dialecticalmonist3405 Ай бұрын

Oh? Lol. They won't.

@gagandhaliwal1453 Ай бұрын

they aint dropping bud. they gonna sky rocket once the first rate drop is announced.

@hchalz Ай бұрын

No way in hell. The Canadian government has just two jobs. One is follow instructions from the US, word by word. The other one is to tax Canadians, as much as possible

@HardKnocks-pi7pc Ай бұрын

He hopes they do it because that helps him out of all of the bonds he is on the wrong side of he could care less about the consumer or anybody else.

@trevors1410 Ай бұрын

I’d rather my kids be feed and clothed than pay for property that has tripled in value because of fraud

@kevinn1158 Ай бұрын

Now why would the BOC cut aggressively with a real estate sector that's just begging to take off? That's nuts. If the BOC drops rates now they are dooming the Canadian economy.

@minimaxmiaandme.4971 Ай бұрын

The exact opposite is the case.....16% of people are waiting for both lower interest rates and lower home prices....in Canada the real estate market is very strong...

@kevinn1158 Ай бұрын

@@minimaxmiaandme.4971 The main cities real estate sector is wildly overvalued and it hasn't corrected yet. If the BOC drops rates that will leverage people more to the home which is exactly what we don't want.

@Lisa-vk2jw Ай бұрын

When rates drop developers and builders will start building again, building enough housing will lower house prices, not high interest rates.

@kevinn1158 Ай бұрын

@@Lisa-vk2jw Supply is only 1 element of price inflation. Prices spiked almost 50% during COVID for no reason. That had nothing to do with supply. Another big influence has been investors hoarding properties heavily leveraging themselves against other properties. High interest rates will force these people to sell. In fact, the govt should have taxed all of these investors commercial property taxes.

@LukeSA1NT Ай бұрын

This will tank the DOLLAR.

@hqham Ай бұрын

Misleading title

@jefflo4613 Ай бұрын

Maybe if our government stopped spending our money on unnecessary things and sending our money overseas, we would not be in this mess in the first place.