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Email this1:40 pm
April 18, 2022
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Bruford said
We will soon see a flood of foreclosed real estate, auto repossessions
Would be nice if they stopped bailing out the "debt-beats". The business community has become addicted to stimulus they encourage it put out surveys saying how poor people are better send them a cheque to buy more junk or a sea-doo. How many renovations funded by stimmy went to flippers. The banks do you think they are prepared for a flood of bad debt. Maybe for once they'll give someone else a chance to own a home someone who actually needs it. Do they repo cars anymore other than on tv I've never seen it.
2:15 pm
January 12, 2019
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.
And as expected, The Big 5 hike theirs too ⬇
.
That didn't take long ... LOL 
-
Dean
" Live Long, Healthy ... And Prosper! "
2:26 pm
May 28, 2013
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Dean said
.
And as expected, The Big 5 hike theirs too ⬇.
That didn't take long ... LOLDean
Of course the banks move very quickly to increase the interest rates on the cost of borrowing But they will be much slower to increase the rates on savings accounts and GICs, and of course that will not likely to be the full 1% increase. This is akin to oil companies raising the gas price at the pumps immediately when the price of a barrel of oil goes up, but then when the oil price goes down they drop the gas price only after some delay, claiming their refineries are full of expensive oil that has to be processed first. Profit is their only goal.
2:42 pm
March 30, 2017
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75bps already priced in the product rate. So if anything they will bump by an amount <25bps which is the surprise portion of the rate hike.
2:44 pm
April 2, 2018
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What are your prediction when will HIS banks raise their interest on HISA and 1year GIC?
4:33 pm
April 18, 2022
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Don't be fooled rates advanced before the last 50bps increase then after accounted for maybe 25 of 100. They owe another 75bps from the past not including upcoming rate increases. They are trying to sneak it past the same way they keepin' Hisa low hoping to confuse you on the way up and down.
8:15 pm
January 12, 2019
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agit said
Bank of Canada up by 1% to 2.5%
. . .
And later this month, the US Fed may do the same ⬇
Interesting times,
- Dean
" Live Long, Healthy ... And Prosper! "
4:05 am
March 30, 2017
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Dean said
agit said
Bank of Canada up by 1% to 2.5%
. . .
And later this month, the US Fed may do the same ⬇
Interesting times,
Dean
After seeing the inflation at 9% and BoC going 100bps, Powell has to go 100 or will be seen as chicken out
6:20 am
December 12, 2021
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DUCA EMPA up to 3.25%
CNN "A truly massive interest rate hike is now on the table"
CNBC "Yellen warns inflation in the U.S. is ‘unacceptably high’"
Again the The inflation is the big elephant in the room now and was in the 80s and 90s. (CPI at 9.1% is not a joke) the beginning of the 2022 “Volcker Shock” I wont be surprise to see a massive rate hike in the fall of (1.50%-2.00%) no other choice they F**it up by keeping interest to low for way to long just to entertain Wall Street and Bay Street etc..
7:11 am
March 30, 2017
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agit said
DUCA EMPA up to 3.25%CNN "A truly massive interest rate hike is now on the table"
CNBC "Yellen warns inflation in the U.S. is ‘unacceptably high’"Again the The inflation is the big elephant in the room now and was in the 80s and 90s. (CPI at 9.1% is not a joke) the beginning of the 2022 “Volcker Shock” I wont be surprise to see a massive rate hike in the fall of (1.50%-2.00%) no other choice they F**it up by keeping interest to low for way to long just to entertain Wall Street and Bay Street etc..
Any one that borrows (mortgagers, small businesses, HELOC) benefits from low interest rate, not just Wall St or Bay St.
Just sour grapes for investors who focus on fixed income product only when I see people complain about CB bailing out banks etc etc. It is simply not true.
Its one 's choice and freedom to invest in fixed income product only, esp GIC. If you want 100% principal protection, there is a cost. No risk no gain people !
7:32 am
December 12, 2021
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savemoresaveoften said
Its one 's choice and freedom to invest in fixed income product only, esp GIC. If you want 100% principal protection, there is a cost. No risk no gain people !
Of course your choice and freedom to take your money and bet on RED on the roulette table and you can double your money in single minute
so lets
keeps the annual rise in house prices at 50%,
Keeps stock market Hitting New Record High biweekly
keeps the fed printing moneys and QE ongoing
Keeps inflation at 9.1%
Keeps reckless ppl taking on HELOC and invest in the stock market.
ETC...
On April 30 warren Buffet said during his annual shareholder meeting "Wall Street turning the stock market into a gambling parlor"
Wall Street makes money, one way or another, Buffett said. They don’t make money unless people do things, and they get a piece of them. They make a lot more money when people are gambling than when they are investing. Buffett bemoaned that large American companies have “became poker chips” for market speculation.
7:45 am
December 12, 2021
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the era of low interest rate ended and the global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, a transition from the economic conditions that followed the 2008 financial crisis and whatever comes next will take “12, 18, 24 months” to unfold, soon the return to CASH IS KING
8:00 am
March 30, 2017
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agit said
Of course your choice and freedom to take your money and bet on RED on the roulette table and you can double your money in single minute
so lets
keeps the annual rise in house prices at 50%,
Keeps stock market Hitting New Record High biweekly
keeps the fed printing moneys and QE ongoing
Keeps inflation at 9.1%
Keeps reckless ppl taking on HELOC and invest in the stock market.
ETC...On April 30 warren Buffet said during his annual shareholder meeting "Wall Street turning the stock market into a gambling parlor"
Wall Street makes money, one way or another, Buffett said. They don’t make money unless people do things, and they get a piece of them. They make a lot more money when people are gambling than when they are investing. Buffett bemoaned that large American companies have “became poker chips” for market speculation.
Would you be a better central banker with better decision to deal with the financial crisis and then Covid ?? I doubt it. Hindsight always 20/20
9:04 am
February 7, 2019
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Dean said
.
And as expected, The Big 5 hike theirs too ⬇.
That didn't take long ... LOLDean
Always quick followers on the way up ...
| CGO |
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