TSX:BPO.PR.A - Post by User
Comment by
Carenaon Aug 05, 2024 6:18am
194 Views
Post# 36164248
RE:Today
RE:TodayGood morning,
Not the greatest day for the Cdn stock market to be closed.
Japan market is down 12% today.
Is it just me who finds it comical that the "Fed made a policy mistake last week by not cutting the Fed overnight rate by 0.25%", meanwhile the bond market is "cutting" rates like crazy the last few sessions.
I think the market made the "mistake" whether it was the Japan carry trade or overzealous tech investors.
My point is, this seems very healthy and good to see the capital markets doing their job.
Have a great day,
Carena