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Email this5:26 am
March 30, 2017
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This is why 5y GIC is sticky even with expectation for more interest rate hike and inflation still high and sticky right now. Second time 5y bond yield gets to the 3.80% ish yield level, its quick to retreat. Professionals just dont believe inflation will stay elevated for extended period of time (2y+)
5:35 am
February 7, 2019
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In the not too distant future, inflation will be 'near' the 2% target, and we'll be complaining that prices aren't dropping but GIC and HISA rates are ...
| CGO |
6:33 am
December 12, 2021
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Fact - and just ignore the noise
CNBC
Fed’s Bullard says rate hikes have had ‘only limited effects’ on inflation so far
“the policy rate is not yet in a zone that may be considered sufficiently restrictive.”
“To attain a sufficiently restrictive level, the policy rate will need to be increased further,”
There’s little if any dissent on the Fed over whether rates need to continue to rise
Bullard’s presentation argued that 5% could serve as the low range for the where the funds rate needs to be, and that upper bound could be closer to 7%
6:55 am
April 27, 2017
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Pretty sure there are different “professionals” with different opinions.
It is true that Mr Market as a whole expects inflation to be brought under control. There is, as always, a risk that Mr Market got it wrong.
7:07 am
March 30, 2017
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mordko said
Pretty sure there are different “professionals” with different opinions.It is true that Mr Market as a whole expects inflation to be brought under control. There is, as always, a risk that Mr Market got it wrong.
Yes Economists got it wrong all the time, CB got it wrong all the time, Mr. Market got it wrong and then adjust to where new market sb. Unfortunately Mr Market got it wrong does not equate to banks paying up for GICs. 5y GIC is priced as a spread to 5y GC, and that "spread" is where banks adjust to accommodate demand vs supply. Smaller institution's natural spread is wider as the spread adjusts for credit quality too.
9:18 am
May 19, 2022
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mechone said
Just got our car insurance renewals no claims or tickets up 500 between myself and wife. PP is right the federal government borrowed 700 billion that has now fueled inflation. Now the interest payments on that 700 billion on top of the 600 billion of debt will bury Canada in cuts and taxes
Just renewed my insurance a few days ago, and was shocked to learn that my premium had DROPPED by $459. I don't understand it, but certainly not complaining! (yes, the coverage is the same as before)
10:54 am
January 12, 2019
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.
Interesting CTV News vid & article about the recent inflation, both here and in
the other G20 countries. Make sure you check out the graphs & charts in
the article . . .
.
Be glad we don't live in Argentina or Turkey ... WOW ❗ 
- Dean
" Live Long, Healthy ... And Prosper! "
9:41 pm
October 29, 2017
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Dean said
.
Interesting CTV News vid & article about the recent inflation, both here and in
the other G20 countries. Make sure you check out the graphs & charts in
the article . . ..
Be glad we don't live in Argentina or Turkey ... WOW ❗Dean
Yeah! That 75% interest rate in Argentina is nuts.
6:34 pm
December 12, 2021
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New Zealand delivers its biggest rate hike ever 75 basis point hike, the biggest rate hike ever in the central bank’s history.
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