Post by
garyreins on Jul 10, 2024 10:01pm
CRAZY MAN
Theyre saying unemployment in canada will hit 7% by end of the year, distressed sellers selling their homes, and look at TIFF with his big boy pants on analyzing "inflation" which most is non interest rate sensitive stuff
crazy man, this inflation garbage has gone too far, and the central banks are public enemy #1
Comment by
Torontojay on Jul 11, 2024 4:52am
Unemployment is already higher than precovid and we have ~ 200 bps left to go. If Powell is right and it will take until the end of 2026 to get inflation back to 2% then Canada is screwed. We can only diverge so much from the US and our 5 year government bonds is linked to the US treasuries and the situation down south.