Inflation slowing to 2.7% in June

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  • Опубликовано: 14 окт 2024
  • Charles St-Arnaud, chief economist with Alberta Central and former economist at Bank of Canada, joins BNN Bloomberg to discuss the odds of a BoC rate cut next week.
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Комментарии • 61

  • @FreemanJameZ
    @FreemanJameZ 3 месяца назад +43

    vibrant, understandable, and expert job.
    Similar to your vision, PayPal still seems overpriced to me at this point in time! There is still a long way to go; this is just the beginning! Maybe $20 a share would be a reasonable price! Good luck to everyone who believes PayPal will reach its all-time high once more. Since we typically agree on something, I'm sure you'll agree. TSLA, CLSK, PYPL, as well as your perspective.

    • @collins.l454
      @collins.l454 3 месяца назад

      After the recent elections, I'd be curious to learn about the UK markets. I know when the major crash is coming, but I won't reveal it.

    • @FreemanJameZ
      @FreemanJameZ 3 месяца назад

      I may never surpass you, but during the past 12 months, I have outperformed the S&P 500. And I am a billionaire in Florida Clearwater; at the moment, I own roughly $227k in dividend stocks in addition to excellent funds that I utilize to keep things running.

    • @palebiss1646
      @palebiss1646 3 месяца назад

      I'm always interested to know where you learned to trade and who taught you covered calls and options trading. Could you talk about your travels?

    • @CoreyLloydo
      @CoreyLloydo 3 месяца назад

      Can I invest in an exchange-traded fund (ETF) using my £3000 annual capital gains allowance and not have to pay taxes on it? maybe another strategy? My ISA, SIIP, and personal savings account have all run out of money this year, and I need to put some money aside for a housing deposit for a few months. My tax payment rate is greater. Greetings

    • @FreemanJameZ
      @FreemanJameZ 3 месяца назад

      *Leah* *Alderman* *Foster*

  • @stephenr6194
    @stephenr6194 3 месяца назад +10

    Canadian are spending overly priced housing not just interest rates!

    • @paulaubin510
      @paulaubin510 3 месяца назад +1

      If you turn the clock back to the 80s interest rates are not high homes are 40 to 60% over-inflated

    • @cyonix5941
      @cyonix5941 3 месяца назад

      Houses arnt overpriced, these are the new normal prices. If you cant afford, move somewhere else.

    • @stephenr6194
      @stephenr6194 3 месяца назад

      @@cyonix5941 So, you must be one of those house flippers carrying multiple mortgages and bagging BOC would lower the interest rate right!

    • @cyonix5941
      @cyonix5941 3 месяца назад

      @@stephenr6194 no, I don't borrow anything, I would never do a business that costs more than you can chew. Only importance of interest rates is driving up the potential buyers market. Whatever you said is my target audience.

  • @PaulKatrina.
    @PaulKatrina. 2 месяца назад +3

    In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $800k in value.

    • @Jersderakerguoe
      @Jersderakerguoe 2 месяца назад

      Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

    • @CraigLloyd-fz6ns
      @CraigLloyd-fz6ns 2 месяца назад +1

      Would you mind telling me how I can use their service to get in touch with this financial advisor?

    • @Jersderakerguoe
      @Jersderakerguoe 2 месяца назад

      My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @DemocraticSolutions
    @DemocraticSolutions 3 месяца назад +1

    What economists or analysts don't talk about is that the overall inflation is driven by housing as a result of Airbnb. Increase in demand for housing demands wage increase and then labor increase ultimately leads to increase in grocery prices. Shaking my head.

  • @abhishek090887
    @abhishek090887 3 месяца назад +15

    Fake numbers

    • @toddgraham8653
      @toddgraham8653 3 месяца назад +1

      Exactly. These particular numbers do not necessarily represent the fact that business owners, or grocery stores, or home owners, will reduce the rates , or reduce their profits, because of lower inflation or interest rates.
      If gas goes down, by 10c , does not mean the trucking company will make bananas, cheaper, and the grocery store will make them cheaper.
      Regardless of capitalism, greed , wins.

  • @VancouverVince
    @VancouverVince 3 месяца назад

    The price of gas and food has stabilized but housing is the root cause of everyone's problem. $600/month is affordable rent for a fixed-income Canadian.

    • @audittheauditors
      @audittheauditors 3 месяца назад +1

      If rent goes to 600 then everyone will have more money to spend on other goods, increasing demand and prices. Cant have cheaper everything.

  • @paulinebowen5170
    @paulinebowen5170 3 месяца назад +1

    CPLie, gas price was high in June. How can CPLiemove down?

    • @mqii
      @mqii 3 месяца назад

      Exactly, we go to the gas station we can see

  • @oz3906
    @oz3906 3 месяца назад

    There are different scenarios and nobody knows which one is going to play out. Very much being in uncharted waters.

  • @michaelanderson3096
    @michaelanderson3096 3 месяца назад

    Right to Work legislation (make union dues optional) + Tariff quota trade are good labour policies.

  • @JessT-vg7ib
    @JessT-vg7ib 3 месяца назад +1

    Prices are high because Pierre Poillievre wants it that way.

    • @garrydhaliwal5137
      @garrydhaliwal5137 3 месяца назад

      You are a joke lol 😂

    • @TimBer-y3y
      @TimBer-y3y 3 месяца назад +3

      Are you using liberal math again?

    • @leudachriss8854
      @leudachriss8854 3 месяца назад +1

      Lol who's been in charge for the past almost 9 years??

    • @JessT-vg7ib
      @JessT-vg7ib 3 месяца назад

      @@leudachriss8854 kool...I had no idea Trudeau invented COVID and leaked it into the public.

    • @JessT-vg7ib
      @JessT-vg7ib 3 месяца назад +1

      @@TimBer-y3y "Liberal math" is a misnomer. You have the mistaken belief that Liberals actually use math.

  • @NajmamacaayongAngin
    @NajmamacaayongAngin 3 месяца назад +7

    I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?

    • @WalterHernandez-kn6nv
      @WalterHernandez-kn6nv 3 месяца назад

      As a beginner, it's essential for you to have a mentor to keep you accountable.
      I'm guided by a widely known crypto consultant

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      @WalterHernandez-kn6nv 3 месяца назад

      Mrs Nancy Williams Laplace

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      @ParmeliaJohnson 3 месяца назад

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      @SeanArrighie 3 месяца назад

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  • @bashirkamar5126
    @bashirkamar5126 3 месяца назад

    Is bull market around the corner generational wealth about to be made 🎉

  • @ehsankhateezyar
    @ehsankhateezyar 3 месяца назад

    🌎

  • @892303001
    @892303001 3 месяца назад

    Last time I checked everything is still insanely overpriced, thanks for the made up numbers, I guess

    • @keithjames1802
      @keithjames1802 3 месяца назад

      Prices would only go down with deflation. Prices are just not going up as much as they were.

    • @cyonix5941
      @cyonix5941 3 месяца назад

      ​@@keithjames1802you guys rlly dont know about economics. We'll do anything to not sell our houses at a lower price.