RE:gridHey rat. Fed rate cut this week. Only question is will it be 25 or 50 basis points. That will stoke the markets. At current 10 year rate they are pricing in 4 rate cuts in total. Canada will have no choice but to follow that big elephant to the south of us. Recessions do not happen when you are moving interest rates down to zero so do not think its in the cards.
On another note I checked Zolo for Toronto real estate this morning and they are reporting Current average price of all properties at $846,000 which is a 4 percent increase from last year. Real estate market is fine.
Car sales struggling for sure. That may not come back as quick. I think many companies are trying to go electric and struggling.
Corus goes lower I buy more. Corus goes up I plan to just hold until it reaches proper value of $15 a share. Nice triple from here. Dont get that too often in markets.