Diversified Royalty Corp T.DIV

Expected .25 or .50 rate cut next week

[Divies]

Do you think this will bump share price even more?  Maybe another 5 to 10 cents in short term?

[flamingogold]

It needs to be a .5% cut. Tiff needs to push down on the gas pedal now or else Canada could slip into a serious recession.

[nedstar71]

I think a .50 would take it too far out of line with the US rate and there they're already rumbling about caution in regards to cutting too fast.  While I know Canada's economy is weak they don't want to diverge from the US rate by that much imo so I'd guess it will be .25 and then decide the next move to be announced in Dec.  I'd guess Canada is screwed either way

[nedstar71]

I think I need to get Tshirts made with a picture of Turdeau with the tagline "UNFORTUNATELY YOU CAN'T RATE CUT YOUR WAY OUT OF STUPID" underneath....lol. And yes I know Turdeau doesn't run the Bank of Canada or set interest rates....