Odds of another BoC rate cut next week

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Odds of another BoC rate cut next week

Рет қаралды 24,978

BNN Bloomberg

Күн бұрын

Пікірлер: 28

@JimRevell-ny4hw Ай бұрын

This would be a blow to the young people in Canada , they are already chasing inflation and are loosing the race !

@gamerstv2444 Ай бұрын

Canada is already in a big financial crisis. BOC will be forced to cut deeper if the unemployment climb again.

@alberte97 Ай бұрын

zero chance

@bernadofelix Ай бұрын

I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

@EddyAgnes-vy4kp Ай бұрын

I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

@KarenLavia Ай бұрын

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

@DorathyJoy 28 күн бұрын

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@KarenLavia 28 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@Hectorkante 28 күн бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@andrews6617 Ай бұрын

Is it true that Canada just revised the CPI calculation to have more weight on mortgage interest? If so .. interest rate cuts will more quickly reduce CPI reads. Just a little shady :)

@trails3597 Ай бұрын

A classic case of mis/disinformation. The change was done January 2003.

@trails3597 Ай бұрын

It was revised in January 2003!

@Alanom2007 Ай бұрын

Macklem sucks. I still remember him saying in 2020 when HSBC was offering mortgage at 0.99% that rates will stay low for a long time. Gues what they did not. Macklem is as as trustworthy as this government

@trails3597 Ай бұрын

Inflation kicked in 2021. Guess what everybody's crystal ball cracked after that but you were wise to not get one.

@barendsmit9717 Ай бұрын

Probably underestimated all the government spending

@trails3597 Ай бұрын

Inflation kicked up in 2021.

@user-vi8ci2bi6b Ай бұрын

Trudeau's spending without growing the economy and creating false temporary GDP with mass immigration is the root of the problem.

@evilapple3427 Ай бұрын

Trying to predict BoC rate cut is like rolling a dice. BoC was clear with their words, if job market isn't tanking they have no need to cut rate, according to their own standards they shouldn't even have cut rate earlier, but they cut rate anyways.

@Ynalaw Ай бұрын

Invest in gold miners, or gold. Easy credit and an inflationary Federal Cabinet/ B.o.C. are going to run the printing presses again.

@SeanGPatterson Ай бұрын

I ran the numbers on a jug of milk.. 5.59 - 2.9% inflation is 16 cents, 2.7% is 15 cents and 2% is an annual increase of 11 cents… a couple years ago inflation was ripping high, and it didn’t matter, now all we hear is this BS over a couple cents.