RE:RE:RE:LBS jumps up again at the open?one more thing.... if corporate earnings are not overly bearish and the market runs through the balance of July and August, it will only give the BoC more ammunition to raise rates aggressively come September.
flamingogold wrote: bubba, we're no where near done. I am expecting a 3/4% hike in Sept and another 1/2 or two 1/4 pt jumps before the end of the year. Probably more next year to start. Inflation is entrenched and is going to take a few good rate hikes by the BoC / FED to get it under control. The 2% goal is a long, long way off.
bubba9 wrote: Buying the div that seems safe for awhile. Probably only one more .5% rate hike left in Sept....
mouserman wrote: Really do not understand the thinking here.... 30%+ premium in this current market is just craziness.