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Canada gdp blows past projections
August 30, 2019
6:57 am
Bud
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Canadian economy expands 3.7% — strongest quarterly growth stretch since 2017

The economy blew past projections by expanding at an annualized pace of 3.7 per cent in the second quarter, giving Canada its strongest three-month stretch of growth in two years.

The Canadian economy expanded at a surprisingly strong annualized rate of 3.7% in the second quarter, a pace much higher than the Bank of Canada had predicted, thanks to a resurgence in goods exports, Statistics Canada data indicated on Friday.

So much for the bogus inverted yield scam being promoted by corporate interests.

The china trade narrative is bogus. The way i see it like a basketball game if they losing we winning

@realDonaldTrump
Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...and who can really blame them for doing that? Excuses!

August 30, 2019
11:55 am
Vatox
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Okay, I’ll bite. What is being gained by the perpetrators in this so-called scam?

August 30, 2019
1:03 pm
Bud
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Vatox said
Okay, I’ll bite. What is being gained by the perpetrators in this so-called scam?  

Money for anyone on the other side of the trade. Billionaires borrowers anyone who benefits from cheap money. They make it then move to the other side of the trade when rates go up n asset prices fall they buy.

August 30, 2019
1:28 pm
Vatox
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Well, in the case of sovereign bonds and the inverted yield curve, it isn’t borrowers manipulating the curve, it’s lenders. So how is it that borrowers of cheap money are the perpetrators of this so-called scam?

August 30, 2019
2:11 pm
Bud
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Vatox said
Well, in the case of sovereign bonds and the inverted yield curve, it isn’t borrowers manipulating the curve, it’s lenders. So how is it that borrowers of cheap money are the perpetrators of this so-called scam?  

The U.S. gov and Euro ultimately set interest rates they can be influence peddled but make the final decision on the yield curve. The yield curve is where it is because of them. For example canada deliberately keeps its dollar where it is even though its worth more around par with the greenback. Lenders influence but they dont make final decision where rates will be. We dont set gic rates. Remember the gov bailout. Obviously cheap money has more sway these last years the more crooked side of the ledger 😀

August 30, 2019
3:19 pm
Vatox
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dealjunkie said

The U.S. gov and Euro ultimately set interest rates they can be influence peddled but make the final decision on the yield curve. The yield curve is where it is because of them. For example canada deliberately keeps its dollar where it is even though its worth more around par with the greenback. Lenders influence but they dont make final decision where rates will be. We dont set gic rates. Remember the gov bailout. Obviously cheap money has more sway these last years the more crooked side of the ledger 😀  

It is definitely true that borrowers(FIs) determine GIC rates, but the bond yield curves are morphed by lenders. They buy and sell bonds however they feel. The bond coupon rates are determined by the bond issuers(borrowers). The inverted bond yield curve is what is referred to when trying to predict a recession and the bond yield curve is totally forged by lenders and their sentiments about investment security.

August 31, 2019
7:24 am
Bud
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So what ur saying is government has lost control to borrowers n lenders who run the show.

Government could pass a law to strike down anyone tmrrw. They could nationalize everything.

Trump is right china has to be stopped. If they have the power to ruin the economy then they have to be stopped.

August 31, 2019
9:53 am
Vatox
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And I’m the one with the aluminum foil hat!?

August 31, 2019
2:14 pm
Vatox
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Dealjunkie, governments don’t determine the bond yield curve. Governments determine the bond coupon, which is what rate they will pay. The bond yield curve is determined by the bond buyers and sellers in the bond market. You are confusing bond issuers and bond coupons with the bond yield curve.

August 31, 2019
6:10 pm
Bud
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the yield curve buyers sellers determines mortgage and gic rates right thats why gic rates are excusably low. the FIs have decided they can pay less because "the yield curve is telling them its ok to" this is your admission. In the end the gov still calls the shots for the main players 😉 trickle down eco they take their cue from the finance dept.

August 31, 2019
7:40 pm
Vatox
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dealjunkie said
the yield curve buyers sellers determines mortgage and gic rates right thats why gic rates are excusably low. the FIs have decided they can pay less because "the yield curve is telling them its ok to" this is your admission. In the end the gov still calls the shots for the main players 😉 trickle down eco they take their cue from the finance dept.  

Lmao, you are all over the place. Okay, I’m out.

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