TSX:AX.PR.E - Post by User
Comment by
EstevanOutsideron Oct 23, 2023 12:31pm
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Post# 35696516
RE:RE:what do you think DZ?
RE:RE:what do you think DZ?Good analysis. US dollar weakening and gold rising is also another indicator in my view that the fed is "done." Read this morning of a 30-year record on auto delinquencies in the Untied States - so much for the higher for longer narrative. Saw another report of a 3rd party job monitor note that mass layoffs are starting and we can expect to see a big uptick in unemployment in the coming weeks. It may lead the fed to cut quickly based on historical norms.