RE:RE:Does the BOC and FED stop at 3%much different now. debt to gdp was around 30% back then now is 130%.. deficit to gdp was around 3% now 7%...
with each hike, the fed is accelerating the debt spiral. if the fed were to hike the way you are suggesting, something would break and they would be forced to start QE - destroying any confience left in the central bank.
credit market has suggested for quite sometime now rates get to 3-3.5% and remain there, slowly decreasing. who am i to argue with the credit market? i took profit and put hedges on when the yield curve inverted at the beginning of the year and had to watch all my friends and family get rekt who wouldn't listen.
remember - peak pain and peak opportunity are simultaneous.
dart321 wrote: You people don't get it do ya. The BOC has to do whatever the U.S. does. We seen all this along time ago back in the late 1970's and early 1980's the last time we seen inflation like this. Interest rate will be increased by 1% every time they meet from this point on until inflation drops dramaticly and along with this housing crashes along with rentals, reits and other real estate investment will take it on the chin. Most of the analysts where in diapers back then and they are clueless now.