TSX:AX.PR.E - Post by User
Comment by
Torontojayon Jun 22, 2024 3:15pm
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Post# 36101744
RE:CANADAS INFLATION RATE
RE:CANADAS INFLATION RATE It works both ways Gary.
Inflation means the economy is hot until disinflationary forces causes the bubble to pop which is what's happening in Canada.
disinflation, then recession.
Canada is in a recession now. Stock prices will trend lower for the foreseeable future and could have another leg down once the S&P bubble pops.
The bifurcated economy has allowed interest rate hikes to be accommodative for large corporates in the short run. The story will come to an end once they begin cutting rates and the monetary lags begin to kick in.