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Email this5:10 pm
March 30, 2017
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smayer97 said
Anyway, you keep interpreting my words as the market "dictating" the CB direction... what I keep saying is CBs are followers of the market. Not the same thing.
From the early get on, you always say the CBs always do what the market "tells" it to do, and how you can make exceptional return on GICs etc by prempting what CB does...
If you are no longer saying that, I will just leave this topic at that.
2:47 am
November 18, 2017
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Bill: Isn't that what I said? That it was a good way to mess up one's heirs?
After the assets are sucked up by the debt, the heirs don't have to pay any leftover debt. So dying deep in debt will ensure the heirs get nothing, but don't have to pay anything.
RetirEd
7:07 am
September 11, 2013
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RetirEd, ok, I misunderstood your "heirs don't inherit debt" ending statement, to me they do to the extent of assets in the estate used to pay that debt before any distribution to them.
But, yes, we're in agreement that heirs have no obligation if there's still remaining debt after estate has been emptied, that's stating the obvious.
1:38 pm
February 7, 2019
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Kinda feels like a Central Bank told the markets to change direction today ...
| CGO |
3:40 am
September 29, 2017
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Strong downtrend still intact... so far this is still just natural ebb and flow of market. Looks to resume down soon.
5:12 am
January 9, 2011
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smayer97 said
Strong downtrend still intact... so far this is still just natural ebb and flow of market. Looks to resume down soon.
Arrived here from your promotional link in the other thread....
Let's see: Massive inflationary push expected south of the border due to many things including Trump. And by the way he is trying to get rid of the debt ceiling, which is ominous. Note the latest big reversal in the Fed's comments which led to the biggest stock market drop on a rate announcement/comments day in years (DJI down over 1,100). Massive excess government spending here which is inflationary. US/Cdn exchange rate has tanked, so paying $ 1.45 or more on net consumer imports does the obvious to inflation, and not to get fooled by near term numbers because almost all imports are priced by past forward exchange contracts. BoC always has an eye on how its rate effects the real estate market, and already I see comments saying the latest rate decrease gets mortgage rates crossing a blue line and expect heating up soon or at least the spring market.
Where did you get the idea that " Strong downtrend is still intact ". Maybe you think if Trump tariff's hit the BoC will feel so sorry for people they will massively reduce rates again as a humanitarian gesture.
"Keep your stick on the ice. Remember, I'm pulling for you. We're all in this together." - Red Green
10:27 pm
September 29, 2017
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dougjp said
...
Where did you get the idea that " Strong downtrend is still intact ". ...
Simple... market data, from reading charts.
10:28 pm
September 29, 2017
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ICYMI , new feature on the charting functions of this site:
https://www.highinterestsavings.ca/forum/site-suggestions/adding-bank-of-canada-policy-rates-to-chart
Please write your comments in the forum.