Post by
windywolf on May 03, 2024 9:28am
Interest rates gonna come down
IF we get a rate cut it will be in the quarter point range maybe even half a point.
Its just a political gesture from the bank of canada which tudeau and the liberals control.
But after saying that.
It should bring the canadian peso down even more.
Which is good for western when selling into the US.
But then there are the tariffs which will take a bite into the profits.lol
Tough slog.
Comment by
Diamondboy123 on May 03, 2024 12:48pm
Wild dog your missing the point. No pun intending. Once they drop a point or two over the next 24 months , lumber will go through the roof. Stocks will be repurchased, divies paid and equity fattened. Chaching baby.