Banks are already punishing the savers just based on assumptions for years on cheap money and printed money. So you have people who have borrowed beyond their means! Why the rest of Canadians must suffer for their luxury cars and houses.?
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It’s a simpleton perspective to only look at rates. What drives inflation? - yes rates are a big part of the story But… - so is immigration (at an all time high) - so does government spending (at an all time high) - so does trade and currency factors - so does productivity (all time low) - so does regulation (worst in the G7) The reality is all the commenters on this video have been “trained” to think rates and rates alone dictate direction. A 25 bps rate is nothing, until rates are cut by 150 bps the impact is very small - people forget - a 4% mortgage rate would be the highest rates since 2008, the current 6+% rates are the highest since 2000….no one is saying go back to 0% or 2% mortgages - magnitude of cuts and relative rates matter. We are at a 25 year high right now so long as we don’t whipsaw back to the 25 year low, so long as immigration comes down, so long as governments start to show austerity, so long as productivity starts to improve, etc … it’s complicated…
You mean all we have to do is have responsible forward thinking politicians who are thinking of the future prosperity of our country, rather than just being popular enough in the short term to get re-elected and collect their pensions. Haven't seen that since I was a child, and I'm in my 60s
Oh my god not Royce. So inflation almost got to 10 percent and they just got off the couch to hike rates. We have not even seen 2% yet and we are jamming cuts. These bank economists are sickening. This is absolutely disgusting. .
NO!!! you want the recession to re-balance the economy. make it more affordable for everyoneThe housing markets needs to go down further. I really don't know where these people's head are !!!
No rate cut yet. Leave it alone until after the summer. It’s too soon to start lowering. Federal spending and “policies of depravation” i.e. higher Federal taxes are what’s crushing productivity and investment in 🇨🇦.
Looney tunes, the world , She's a round, no , she's a flat, she's a round, she's a flat, no one knows what is happening, only that they are trying to rope in more interest from mortgages
Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors who earn consistently. Others will just sit and watch.
Inflation in Toronto Real Estate has been running at 13 percent per year when it should have been 3 percent per year . Why was nothing done to curtail this inflation?
I wonder what did he smoked before the interview with such housing bubbles plus high inflation all this problems was caused by low interest rate environment for more than a decade..is a cycle and borrowing has a cost smart man!
Do you really think that BOC will cut rates this month to low😅? A cut of 25 basis point will do nothing. What matters is BOC’s attitude. If they say that they are ready to increase if inflation goes up then 25 basis point will do nothing.
The banks are preying for rate cuts because they are going to have to start taking huge losses and a smaller bank like desjardins or Laurentian could implode if they dont get the rate cuts they are looking for because the bad loans are coming home too roost
Let’s see what happens when they cut rates and inflation comes roaring back. What is the bank of Canada going to look like then. Can anyone say “transitory”. That didn’t age well.
Can you guys speak with someone that doesn't have a financial incentive for rate cuts to happen? Would be nice to get an unbiased response. If mortgage rates come down people will have more to spend and what will they spend it on? Housing. Hence more inflation. Until the expectation that prices are going to keep going up is not vanquished mortgage rates are not going to go down. The most important thing about an economy is predictability and nothing about predictability is more important than the expectation of long term 2% inflation. 2% is a random number some guy from New Zealand come up with but it is an important number because we all believe it as an important number.
Oh my god not Royce. So inflation almost got to 10 percent and they just got off the couch to hike rates. We have not even seen 2% yet and we are jamming cuts. These bank economists are sickening. This is absolutely disgusting. .
@@Iliinois18 because we have not reached the target and stayed there yet. People that don’t have mortgages don’t care about people with mortgages. Everyone has to by near and bread. You don’t have to have a mortgage. When the inflation was already at 9% they still were buying bonds and not cutting. That was 2 years in. Let’s see inflation get to 2% for 2 years and then we can cut rates. If they cut now and inflation accelerates 5% overnight will be the floor. Let’s try 8-10% on for size and see how much people can afford their mortgage. That’s the risk.
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Banks are already punishing the savers just based on assumptions for years on cheap money and printed money. So you have people who have borrowed beyond their means! Why the rest of Canadians must suffer for their luxury cars and houses.?
It’s always been like this 30 years now maybe longer I’m only 35 years old!
@@argeldelacruz9545 yup and same goes for the value of our dollar. It is a rediculus joke for a country as big and rich as Canada.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
Silliest questions.
4 rate cuts this year? Is this guy insane?
This guy is always calling for rate cuts. His bonus must be based on it happening.
Every one on RUclips is say 4 this year and 4 next year. Then I’m going to get a 30 year fixed rate and forget this whole variable rate nightmare!
A couple weeks ago he figures rates will be cut to 2.5 % again. So one wonders exactly how well is Des Jardins doing right now?
Yes 😂
It’s a simpleton perspective to only look at rates.
What drives inflation?
- yes rates are a big part of the story
But…
- so is immigration (at an all time high)
- so does government spending (at an all time high)
- so does trade and currency factors
- so does productivity (all time low)
- so does regulation (worst in the G7)
The reality is all the commenters on this video have been “trained” to think rates and rates alone dictate direction.
A 25 bps rate is nothing, until rates are cut by 150 bps the impact is very small - people forget - a 4% mortgage rate would be the highest rates since 2008, the current 6+% rates are the highest since 2000….no one is saying go back to 0% or 2% mortgages - magnitude of cuts and relative rates matter. We are at a 25 year high right now so long as we don’t whipsaw back to the 25 year low, so long as immigration comes down, so long as governments start to show austerity, so long as productivity starts to improve, etc … it’s complicated…
You mean all we have to do is have responsible forward thinking politicians who are thinking of the future prosperity of our country, rather than just being popular enough in the short term to get re-elected and collect their pensions.
Haven't seen that since I was a child, and I'm in my 60s
Cut the rates, go ahead, send inflation to 20%.
Oh my god not Royce. So inflation almost got to 10 percent and they just got off the couch to hike rates. We have not even seen 2% yet and we are jamming cuts. These bank economists are sickening. This is absolutely disgusting. .
People who think the interest rates will come down need to put down Rob Ford's crack pipe.
NO!!! you want the recession to re-balance the economy. make it more affordable for everyoneThe housing markets needs to go down further. I really don't know where these people's head are
!!!
No rate cut yet. Leave it alone until after the summer. It’s too soon to start lowering. Federal spending and “policies of depravation” i.e. higher Federal taxes are what’s crushing productivity and investment in 🇨🇦.
Yes, just another hold rates
Not this guy again!!🤯
Looney tunes, the world , She's a round, no , she's a flat, she's a round, she's a flat, no one knows what is happening, only that they are trying to rope in more interest from mortgages
Out of touch analysis for the most part
These financiers are so hot and heavy about pushing the BoC into giving them fat profits on the CAD-USD carry trade.
hold the rate
That what you guys get for waiting for a “””””” market crash””””””” 😂
The BOC doesn't exist for, or answer to, the real estate casino.
U sure?
We means the banks not the BOC
Oh rate cut cheers leaders wants rate cut during the high inflation 😂
Inflation went down. House prices are just going up now cuz rate cuts are tmrw!
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
She's Stephanie Aaron Trentham
This is correct, Stephanie strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started..
Yes, I agree with you. Her platform is wonderful, and her strategies are exceptional
Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors who earn consistently.
Others will just sit and watch.
I'm new at this, please how can I reach out to her easily?
Inflation in Toronto Real Estate has been running at 13 percent per year when it should have been 3 percent per year . Why was nothing done to curtail this inflation?
Toronto is an anomaly cuz it makes more money and more dense there for more expensive.
Toronto will feel it just like everywhere else if the system collapses
I wonder what did he smoked before the interview with such housing bubbles plus high inflation all this problems was caused by low interest rate environment for more than a decade..is a cycle and borrowing has a cost smart man!
Do you really think that BOC will cut rates this month to low😅? A cut of 25 basis point will do nothing. What matters is BOC’s attitude. If they say that they are ready to increase if inflation goes up then 25 basis point will do nothing.
The banks are preying for rate cuts because they are going to have to start taking huge losses and a smaller bank like desjardins or Laurentian could implode if they dont get the rate cuts they are looking for because the bad loans are coming home too roost
Weed is legal here
Yea .25 doesn’t do anything by the fixed rate is already going down to 4.25 that’s what people who own houses are waiting for!
Let’s see what happens when they cut rates and inflation comes roaring back. What is the bank of Canada going to look like then. Can anyone say “transitory”. That didn’t age well.
It would boost exports and increased GDP wouldn't it?
Ugh that’s why get a fixed rate before that? So anything else don’t matter and affect you!
Yes. Next question. ;)
Can you guys speak with someone that doesn't have a financial incentive for rate cuts to happen? Would be nice to get an unbiased response.
If mortgage rates come down people will have more to spend and what will they spend it on? Housing. Hence more inflation. Until the expectation that prices are going to keep going up is not vanquished mortgage rates are not going to go down. The most important thing about an economy is predictability and nothing about predictability is more important than the expectation of long term 2% inflation.
2% is a random number some guy from New Zealand come up with but it is an important number because we all believe it as an important number.
That’s no one cuz everyone with a decent job bought a house!
Bankster Greed
Oh my god not Royce. So inflation almost got to 10 percent and they just got off the couch to hike rates. We have not even seen 2% yet and we are jamming cuts. These bank economists are sickening. This is absolutely disgusting. .
This inflation is transitory so why not cut rates to help out Canadians with upcoming renewals?
@@Iliinois18 because we have not reached the target and stayed there yet. People that don’t have mortgages don’t care about people with mortgages. Everyone has to by near and bread. You don’t have to have a mortgage. When the inflation was already at 9% they still were buying bonds and not cutting. That was 2 years in. Let’s see inflation get to 2% for 2 years and then we can cut rates. If they cut now and inflation accelerates 5% overnight will be the floor. Let’s try 8-10% on for size and see how much people can afford their mortgage. That’s the risk.
The boc target for inflation is 2-3 %. New immigrants to this country need housing.
We’re already at 4.25 fixed rate so we can ignore all the people that want higher rates now 😂