Are they finally going to go up? Or stay the course?
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Trump's policies are viewed inflationary. This has driven the USD to a 9-month high.
December rate hike by Fed now appears more likely. But stock market correction also appears likely should rates be hiked.
Pick your poison . . . .
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They will in the US. Trump will make sure of it.
Here, they will continue to fall.
Drama boy has no economic plan beyond "lower rates - crash the dollar - tax and spend"
I am so disgusted by the Conservative leadership line-up. O'Leary said he is staying out of it until the last minute because he knows they are a bunch of losers and he will win it. I know I am voting for him.
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Originally posted by 15444 View PostThey will in the US. Trump will make sure of it.
Here, they will continue to fall.
Drama boy has no economic plan beyond "lower rates - crash the dollar - tax and spend"
I am so disgusted by the Conservative leadership line-up. O'Leary said he is staying out of it until the last minute because he knows they are a bunch of losers and he will win it. I know I am voting for him.
Just a couple days ago one of my friends said he would vote for olearly too.
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Is rates going up for sure.trump will make sure of that. Raise rates but cut corporate taxes massively
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Even a couple point rise in interest rates will break millions of people. Interest rates are revenue for the rich. It's really a scam in the first place.
Kinda like basis.
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Originally posted by riders2010 View PostEven a couple point rise in interest rates will break millions of people. Interest rates are revenue for the rich. It's really a scam in the first place.
Kinda like basis.
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I totally agree with riders2010. I have been saying it for a long time myself, and I have said it on here before too that if interest rates went up a 1/2 or 3/4 of a percent the bankruptcy would start immediately all over canada. We wouldn't recover for years and years. I don't know what the answer to the problem is but it will have to be a slow uptick in the rates over years to get them back to normal.
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Originally posted by sk_wheatking View PostI totally agree with riders2010. I have been saying it for a long time myself, and I have said it on here before too that if interest rates went up a 1/2 or 3/4 of a percent the bankruptcy would start immediately all over canada. We wouldn't recover for years and years. I don't know what the answer to the problem is but it will have to be a slow uptick in the rates over years to get them back to normal.
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Originally posted by sk_wheatking View PostI totally agree with riders2010. I have been saying it for a long time myself, and I have said it on here before too that if interest rates went up a 1/2 or 3/4 of a percent the bankruptcy would start immediately all over canada. We wouldn't recover for years and years. I don't know what the answer to the problem is but it will have to be a slow uptick in the rates over years to get them back to normal.
I don't see much difference between interest increase and price drop in AG. Both will have big effect. Then throw in input and equip costs that have risen but won't follow yearly down trend.
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