RE:RE:Was a bit puzzled by the buyingA half by the BoC would be a mistake. The FED is most definitely doing 3/4 so a half would knock our dollar down further and increase the price of imports/inflation even more so it's self defeating. We need to keep pace but even better leap frog what the US is doing.
bubba9 wrote: If the rate hike is only a half, it will signal the end of rate hikes is close and given that we are closing on on Christmas rally, I think DGS will do well...Dividend probably back in 30 days...
mouserman wrote: However the markets have mostly moved up since Thursday , so DGS holders are likely not selling. If we get a big interest rate hike from BOC this week could see quite a pullback , although it wouldn't have been a surprise. It might be surprise for upside movement if it's only 50 points.