BOC is cornered, just like the Fed. Can't raise rates to fight inflation because that could cause instability in the housing market, which is the main thing holding up this highly indebted weak economy, even though it would be the responsible thing to do..
T
Bye Bye Canada with new rate hikes !
T
Its MACHINE GUN trading again............................. TSX is now just a day trade !
J
People are going to panic and pull all their money out... going to be great opps to buy in the coming weeks.
T
Bank of Canada finally comes to its senses NOT raising rates !
T
BANK of CANADA HOLDS Rates !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! what a SMART decision for a change ! they changed their mind in NOT being a HERO here.
M
Bay Street Experts - what gives? You are supposed to provide the leadership to the retail investors. First you tell them to hold strong and now you guys are bailing like it's the apocalypse.
T
Canada headed for RECESSION and Market CRASH in 2022
T
POWELL will CRASH both the Economy and Markets !
T
Bye bye 20,000
T
Markets need to take some PROZAC................................................
T
BEAR market confirmation ! stay short we only going lower here.
R
Interest rate is not the cause of inflation, global supply chain is. Prices will not come down until the supply chain issue is addressed.
L
This is one of the first times in months that the TSX has under performed to the downside against the US markets. Relax folks. Hah, people treating this like its the end of times. The XIU has been one of the best performing indexes since covid began.
T
IMF soon to report ZERO Growth for 2022
T
Today 20,933 is the HIGH FOR THE YEAR !
L
We need stimulus not raising interest rates
M
Tiff - follow those experts leads and raise rates so, we can all line up for our handouts from our caring PM
T
Entire gains WIPED in 30 minutes
T
Market CRASH of 2022 just started Bank of Canada has NO idea on what they are doing with rate hikes ! Economy will TANK and INFLATION will fall without ANY rate hikes !
what a SMART decision for a change !
they changed their mind in NOT being a HERO here.
the Economy and Markets !
20,000
stay short we only going lower here.
ZERO Growth for 2022
Bank of Canada has NO idea on what they are doing with rate hikes !
Economy will TANK and INFLATION will fall without ANY rate hikes !