Dividend 15 Split Corp T.DFN

TD target of 6 rate cuts looking like a long shot

[flamingogold]

I maintain 2-3 cuts for this year at most with maybe 1 this Spring to help resuscitate a comatose real estate market (which Canada is so heavily tied to) and the rest in the back half. With sticky inflation, 6 cuts as predicted by TD must be based on a hard landing scenario.

[AnEducator]

Agreed. I don't think people realize how anomalous a zero interest policy is. In an ever-aging society, there are many who are reliant on a safe, steady income just to maintain their meagre standard of living. Yields on bonds have to be suffient to make the investment worthwhile for this demographic. Historically, current rates are nowhere near being egregious. I am not an economist, but I

[itsthehitman]

Agree 100%....a very spooky year ahead....especially with Trump being favored in election ahead.  Maybe he can run the country from prison...lol

[flamingogold]

I made reference a few days ago that after two years rates, CPI, wages, infaltion and wars were no longer going to dominate headlines later in this year. You just hit the nail on the head as to why.

[mouserman]

The Globe and Mail reports in its Wednesday edition that inflation is proving tough to tame, complicating matters for the Bank of Canada as it mulls when to lower interest rates. The Globe's Matt Lundy writes that the Consumer Price Index rose at an annual pace of 3.4 per cent last month, up from 3.1 per cent in November, Statistics Canada said Tuesday. This result was heavily influenced by

[stickbot]

20% increase unemployment on 12 months, mortgage renewals, slugish home sales. like the old saying goes, rate cuts wont come out of kindness.