An easier way to describe it: if the general population are becoming prosperous the BOC crushes them. When the general population is doing poorly the BOC props up banks.
Great video! I was hoping to hear your recommendations for variable-rate mortgage holders. Is now the right time to switch to a fixed-rate mortgage, or do you think there’s still a chance for further rate decreases?
Well they kinda have to take into account that next year a lot of people will be renewing mortgages (5yrs after covid). Could create a crisis if interest rates were high
Stonks go up because people are shielding their money from the gov't-created inflation. S&P500 graph is a reflection of the inflation, not the economy.
*C'mon man ,be more professional like Marc, and lose the winter hat and hoodie. It shows more respect for your viewers, just saying, but great info in this video* 👍
No talk of quadrupling carbon tax in April and 25% upcoming American tariffs where we majorly trade with? More trades happen with America than trades occur between provinces
An easier way to describe it: if the general population are becoming prosperous the BOC crushes them. When the general population is doing poorly the BOC props up banks.
Great post with some basics! love the energy! 👍🏽
Thanks for the recap Brandon 🎉❤
Good "Back to Basics" with Brandon!!! Thanks for the info. great knowledge
Whata start! LOL
good video for beginners. Thanks Brandon.
How do unemployment and the unemployment rate affect inflation/policy rate and policy rate decision?
Thanks for getting rid of the editing micro-cuts.
More videos like this 😎👍
Great video! I was hoping to hear your recommendations for variable-rate mortgage holders. Is now the right time to switch to a fixed-rate mortgage, or do you think there’s still a chance for further rate decreases?
Did you mention that gov't and central bank create inflation?
Brandon good Info here but please slow down on the delivery.
Well they kinda have to take into account that next year a lot of people will be renewing mortgages (5yrs after covid).
Could create a crisis if interest rates were high
Wouldn't be better to opt for a variable rate, just in case it may decrease again, hopefully?
Oh, you're happy about the cuts? Awesome, prepare to pay higher prices for everything.
That ding really hurts my ears
Doesn't matter what the market or the government is doing, buy stocks no matter what. Stonks only go up!
To the moooooon!
Stonks go up because people are shielding their money from the gov't-created inflation. S&P500 graph is a reflection of the inflation, not the economy.
*C'mon man ,be more professional like Marc, and lose the winter hat and hoodie. It shows more respect for your viewers, just saying, but great info in this video* 👍
I think he's pitching to a younger crowd who don't necessarily listen to suits.
I like Marc's style too. But I feel Brandon's style suits the younger crowd as well.
I respectfully disagree, but let the guy be his own man
@@tysonmou1I agree. It does
No talk of quadrupling carbon tax in April and 25% upcoming American tariffs where we majorly trade with? More trades happen with America than trades occur between provinces