Interest rates

[macdon02]

Are they finally going to go up? Or stay the course?

[errolanderson]

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 . . . .

[15444]

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.

[Ache4Acres]

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.

Just a couple days ago one of my friends said he would vote for olearly too.

[Ache4Acres]

Is rates going up for sure.trump will make sure of that. Raise rates but cut corporate taxes massively

[biglentil]

[SASKFARMER3]

I have lots of friends who are thinking the same. None of the candidates are worth voting for or will change the parties direction. Oleary would shake things up.

[riders2010]

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.

[sumdumguy]

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.

The distortion caused by too low interest rates is seen everywhere. House prices tripled in ten yeras. Mercedes and Audi sales must have done the same. Have you noticed the size of "starter" homes today? The excesses are being charged to the savers and senior citizens who had the self-discipline to svae for a rainy day. Riders, let me use your money interest-free or your fram rent-free, if you have one.

[sk_wheatking]

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.

[errolanderson]

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.

This is the same for the U.S. as well. A 1/2 or 3/4 percent in the states could throw them into deep recession, which is now likely inevitable as well Trump or no Trump.

[wmoebis]

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.

What will !/2-3/4% increase do to AG? How about 1/2-3/4 drop in value of produce like this year, when we have a low quality product.

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.

[ajl]

Interest rates are going higher for borrowers and lower for savers. On the savings side rates will go negative in a last ditch attempt to keep good ship canuckistan from going down. On the borrowing side rates will go higher as good debt has to subsidize bad and credit quality is deteriorating,

[errolanderson]

$1 trillion bond value wiped out last week on Trump economic plans. Strap-in, this is going to get interesting.

http://www.wsj.com/articles/government-bond-sell-off-continues-on-trumps-economic-plans-1479114743

[Oliver88]

Two % increase would make real estate prices more realistic again.
Its pretty obvious rates are too low when a couple in there 20's think its normal to purchase a new "starter" house in Saskatoon for 500-600k.

Machinery dealers, all auto dealers (especially luxury vehicles) and real estate agents will lose out big time with an increase.