RE:RE:Bank of Canada cuts 1/2%I'm not looking for a big market move up, in fact been expecting some selling. Main thing no economic wide recession. Some folks are struggling but nothing like +20% down market selloff in the next few quarters.
mouserman wrote: flamingogold wrote: Great news for mortgage renewals and banks. The big debt cliff feared by many for 2025-26 as covid era, ultra-low mortgages come up for renewal are now becoming a non-issue. Expect another 1/4 pt cut before the year is out and a couple more next year.
Not a surprise there.... wont move the markets , but will drop the CAD ..a bit more..