Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this4:54 pm
April 9, 2019
Offline
Is there reasonable way to predict how high rates on 1 year GIC's climb in the next 1 month? 3 months?
3:48 pm
March 18, 2021
Offline
Half a point if the war in the Ukraine continues. So half a percent more in the next 3 months for Canadian GIC's if the war is still on. Like a chess board I just know. Rates will keep rising indefinitely until the housing market breaks in America.
4:04 pm
March 18, 2021
Offline
The rate tightening cycles in America in the past have been in the 18 to 24 months range. That would be September 2023 to March 2024 in a perfect world. No one in America believes Jerome Powell is serious about destroying inflation. They'll probably lie about the inflation rate (lower than it actually is) leading up to the November midterm elections in America this year then inflation will reaccelerate at the start of 2023. There's a good chance an 18 month GIC will be in the hiking cycle but if you're too late interest rates can air pocket quite fast.
4:10 pm
March 18, 2021
Offline
Don't believe anything you read about yield curve inversions and recessions. With the spread between the true inflation rate and the Fed funds rate in America the widest in history a recession is impossible. The only way a recession could happen is oil prices go beyond the $200 dollar mark U.S. a barrel. $74 dollars a barrel U.S. is my guess for oil once the war in the Ukraine ends.
Please write your comments in the forum.