Post by
flamingogold on Feb 08, 2024 10:35am
Welcome back $40
Looks like it's heading to challenge $43.
Comment by
BearBullBrian on Feb 08, 2024 4:36pm
I think it's getting a little ahead of itself. May pull back a bit soon. BBB
Comment by
flamingogold on Feb 09, 2024 10:13am
March may see some cooling off, it's a typical time of year for it. But, the consumer remains strong. And, while the tiimeline of a rate cut is unknown, what is known is that a cut is coming and hikes are over which is another positive for consumers. Spend on!
Comment by
flamingogold on Feb 09, 2024 5:28pm
I will agree that rates do not need to be cut. Housing (and I can only speak of the GTA), is out of control again. Multiple bids are back. Unfortunately, unless there is a recession wages will remain elevated and consumer prices elevated. Also, for the record, Biden, Truedeau and even Trump and Poilievre do not set interest rates. Whoever thinks they do are grossly misinformed.
Comment by
nedstar71 on Feb 09, 2024 5:54pm
Lol I know who sets the interest rates.