Rate Hikes and Dodo Birds . . . .

[grassfarmer]

In USA under Trump
People are working
wages are rising
economy is booming
gas is cheap
interest rates are low
dollar is strong
and after almost 3 years of Fakenews media saying the boogeyman is coming , americans are now thinking that maybe their is no such thing as a boogeyman...

And much the same applies to Canada on unemployment, wages, economy etc yet most of you on here choose to portray Trudeau as the bogeyman that's ruining the country. It's all in the perception.

[GDR]

And much the same applies to Canada on unemployment, wages, economy etc yet most of you on here choose to portray Trudeau as the bogeyman that's ruining the country. It's all in the perception.

I agree its pretty much the same situation in both countries. Things are overall pretty good but in both cases it is inspite of the leaders not because of them.

I would suggest most of the influence political parties have takes till either a second term or until a new government is voted in to really affect things much.

[Hamloc]

And much the same applies to Canada on unemployment, wages, economy etc yet most of you on here choose to portray Trudeau as the bogeyman that's ruining the country. It's all in the perception.

So I am curious Grassfarmer does this mean you support everything Justin Trudeau has done and wants to do? As well in both September and November according to Statscan Canada's economy contracted with a .3% uptick in October. Is this your opinion of a growing healthy economy?

[chuckChuck]

Many voters seem to have short memories.

The price of oil and other commodities dropped after a significant high price period. High prices attract investment and increased production, like what has happened in the US and oil.

The commodity boom was highly dependent on China's massive and unsustainable growth. It is not surprising that parts of western Canada which are very dependent on exports of commodities are seeing difficult times.

The hyper partisans always love to blame the politicians even in the face of the reality that politicians don't have much control over the price of commodities.

[furrowtickler]

Its government policy that is kicking western Canada , far to much federal regulation is making the business environment unsustainable.
The economy of Sask was stagnant for most of the NDP reign .... to much government regulation kept most wealth creating businesses away or barely sustainable. Pandering far too much on unions and not the economy.
Liberals are doing kinda the the same nationally now. Pandering far too much on special “groups” and not the economy.
But don’t worry , “the budget will balance itself “ .... money will come from space aliens to pay for it all .. or carbon tax .

Oil price in Alberta is a result of failed political policies from Notley and Peter Pan.
Steam plants in Sask are doing very well right now . But if there is a change in government, that could disappear quickly as well . So is it the price of oil ? Or disastrous government intervention?

The current price of peas and lentils are a direct result of political blunders from the India trip .

It will be a matter of time before our canola market gets thrown under the bus from the Chinese.

[chuckChuck]

Its government policy that is kicking western Canada , far to much federal regulation is making the business environment unsustainable.
The economy of Sask was stagnant for most of the NDP reign .... to much government regulation kept most wealth creating businesses away or barely sustainable. Pandering far too much on unions and not the economy.
Liberals are doing kinda the the same nationally now. Pandering far too much on special “groups” and not the economy.
But don’t worry , “the budget will balance itself “ .... money will come from space aliens to pay for it all .. or carbon tax .

Oil price in Alberta is a result of failed political policies from Notley and Peter Pan.
Steam plants in Sask are doing very well right now . But if there is a change in government, that could disappear quickly as well . So is it the price of oil ? Or disastrous government intervention?

The current price of peas and lentils are a direct result of political blunders from the India trip .

It will be a matter of time before our canola market gets thrown under the bus from the Chinese.

Furrow thanks for reinforcing my point that partisans blame politicians no matter how complex the economic issues are. World oil prices are not set in Alberta or Saskatchewan. And India imposed the tarrifs on imports for domestic reasons prior to Trudeau's failed visit.

Even without the discounts for lack of infrastructure, oil prices are not doing well in many cases. Conventional oil in Saskatchewan is not priced nor discounted the same as tar sands oil. But lo and behold drilling in Saskatchewan is well below normal. Moe should take the blame? LOL

[furrowtickler]

Complex or not , politics does effect domestic commodity prices .
Policies made in OPEC countries by governments seem to effect world oil prices once in a while lol .

[TASFarms]

Furrow thanks for reinforcing my point that partisans blame politicians no matter how complex the economic issues are. World oil prices are not set in Alberta or Saskatchewan. And India imposed the tarrifs on imports for domestic reasons prior to Trudeau's failed visit.

Even without the discounts for lack of infrastructure, oil prices are not doing well in many cases. Conventional oil in Saskatchewan is not priced nor discounted the same as tar sands oil. But lo and behold drilling in Saskatchewan is well below normal. Moe should take the blame? LOL

If the pipelines in this country were put in on time,there would be a lot less capital leaving this country. Politics has everything to do with it. Why does the USA have no tariff on chick peas but Canada does?

[grassfarmer]

.....Oil price in Alberta is a result of failed political policies from Notley and Peter Pan...........

Patently untrue - look at the historical West Texas Intermediate data and tell me how Notley or Trudeau caused the price drop of oil.

[TASFarms]

Patently untrue - look at the historical West Texas Intermediate data and tell me how Notley or Trudeau caused the price drop of oil.
[ATTACH]3922[/ATTACH]

Find a graph for Canadian priced crude

[grassfarmer]

Find a graph for Canadian priced crude

Why? this one clearly shows there was a global downturn in oil prices that was nothing to do with Notley or Trudeau which was the point of my post.

[sawfly1]

Furrow. As silly as Trudeau looked.
You can not blame him for India's
Tariffs. The Aussie got hit with them too.
And I think for while a special tariff , when the
First one did not stop the Aussie shipments.

There. Are lots of legitimate gripes about all politicians.
Let's worry about them.

[errolanderson]

There is now debate about whether the U.S. Federal Reserve should utilize negative interest rates in the next economic downturn. Chances appear to be increasing the Fed may actually begin cutting rates within the year.

But Bank of Canada rhetoric suggests the Cdn economy is growing and strong enough to absorb further rate hikes.

Oh how the cookie crumbles . . . .

[tmyrfield]

There is now debate about whether the U.S. Federal Reserve should utilize negative interest rates in the next economic downturn. Chances appear to be increasing the Fed may actually begin cutting rates within the year.

But Bank of Canada rhetoric suggests the Cdn economy is growing and strong enough to absorb further rate hikes.

Oh how the cookie crumbles . . . .

https://business.financialpost.com/investing/short-sellers-renew-bets-against-canadian-banks-in-2019-so-far-they-are-paying-a-high-price https://business.financialpost.com/investing/short-sellers-renew-bets-against-canadian-banks-in-2019-so-far-they-are-paying-a-high-price

when ever i hear of shorting a market...
https://www.bing.com/search?FORM=SLBRDF&PC=SL10&q=the+big+short+trailer https://www.bing.com/search?FORM=SLBRDF&PC=SL10&q=the+big+short+trailer

they were right, but at the wrong time and lost everything.

timing is everything, luck is 2nd

[biglentil]

There is now debate about whether the U.S. Federal Reserve should utilize negative interest rates in the next economic downturn. Chances appear to be increasing the Fed may actually begin cutting rates within the year.

But Bank of Canada rhetoric suggests the Cdn economy is growing and strong enough to absorb further rate hikes.

Oh how the cookie crumbles . . . .

Trudeau legalized the bail in last year. When zero percent rates aren't enough to save the too big too fails pucker up savers.