As investors digest latest U.S. CPI, Philip Petursson, chief investment strategist at IG Wealth Management, joins BNN Bloomberg to discuss his economic outlook for Canada and the U.S. He says rate cuts are coming but not to the extend markets have priced in. He adds potentially, there could be only two cuts in back half of 2024 in the U.S., each of 25 basis points.
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Printing endless money. Econ 101
This headline is complete nonsense. High inflation is because the economy is sick and weak.
LOL
A YouTube superstar rising
High inflation is a symptom of too much money printing
When inflation moves down, the market doesn't move this much! When inflation goes up by a fraction, the crooks and charlatans get an unreasonable percentage down!
I'm sick of the unabated fraud!
Americanization 24/7/365 👿
Always take longer then you think. The last mile is the toughness mile.
High inflation is also a reflection of the shift away from Chinese imports and the cost of shifting the economy from carbon based to green energy based. Most governments will be tossed out of office when the full impact of the green shift is felt in continual inflation readings well above where they should be.
It’s best to raise rates.. keep the rates high. The real picture is not what most think.
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