RE:RE:RE:Volatility in markets Rapid inflation leads to higher interest rates - it's now a race to see who raises quickest and highest - traders are betting on the US leading the charge and buying greenbacks in spades. It's a wise move - the US usually drives everything one way or the other.
mouserman wrote: Not sure what just happened, no content for the post came thru.
BUT last nights close the UNIT NAV was 4 cents above the OCT 29 numbers up to $17.18
However today a huge drop in the CAD vs the USD is giving a fairly nice boost to the US banks and holdings in FFN, on top of the green looking list there.
Not sure what is the cause of the rising USD....inflation good for it?
mouserman wrote: