Canada inflation rises, reducing July rate cut odds

[@timothyirwin8974]

That 25 point decline was politics not economics. Back to reality folks.

[@Grahamhodson0]

A transformative era is upon us, granting you unprecedented control and influence over your choices, from your financial decisions to your voting preferences. The landscape is evolving- financial systems, voting methods, even internet servers are undergoing profound changes into the quantum systems. We are in the midst of a significant transition, and every facet of our lives will be transformed. The current financial system and traditional banks, once pillars of stability, are heading for inevitable collapse, while the grip of governments and elites is slipping. Are you prepared for this imminent shift? Have you established your quantum system account, embracing the new paradigm? Have you converted your fiat currency into XRP and XLM, the digital assets backed by real value such as silver and gold? These transitions will soon render the existing systems obsolete, and you may wake up one day to find your bank accounts and exchanges inaccessible. It's time for action, patriots! Embrace the dawn of the quantum systems era and the restoration of freedom that comes with NESARA-GESARA @followers WHERE WE GO ONE, WE GO ALL. (WWG1WGA) STAY FOCUSED, STAY TUNED, STAY AWAKE.🇱🇷🇱🇷🇱🇷🇱🇷💪💪 Tap on my profile and send me a direct message for proper informations and guidelines about the upcoming bank crash and QFS link

[@parkerbohnn]

Just another stake through the heart for Canada like things aren't bad enough already? Wage gains blowing through the roof and Tiff axes the bank of Canada rate... unbelievable.

[@CristianEnacheRealtor]

"Enjoy while you can" said Tiff.

[@EmilyMartinezE]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@biankabrodeur01]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@AngelWilliam-vg5rw]

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.

[@JennaHerberholz]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@AngelWilliam-vg5rw]

Finding financial advisors like Melissa Jean Talingdan, who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@JennaHerberholz]

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.

[@DavidButler-nm3rt]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[@mariannejose5896]

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

[@TERRALESA]

It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

[@ElenaWhite-tw9px]

I spread out my $25k portfolio across various markets to diversify my investments.

[@kimberlykate6184]

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

[@AlisonMiller-pm4fs]

Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!

[@AureaBrereton865]

The market is echoing the 2015-16 scenario, poised to reach new heights, but may experience a sideways trend until fed signals rate cut. I recently sold 25% of my portfolio, comprising struggling stocks recommended by certain financial KZbinrs, which unfortunately took a significant hit.

[@LexisWilson436]

not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound

[@AngieLayman27]

Such uncertainty is the reason I don't base my conviction on rumors or a ''hearsay'' I have my day-to-day investing decisions being guided by an invt-advisor, seeing that their skillset is built around long and short term, both employing profit-oriented strategies and providing hedge against inevitable downtrends, coupled with exclusive analysis, it's near-impossible to not outperform. I've realized over $600k from $235k capital, since late 2019 just before the pandemic to date.

[@AureaBrereton865]

who is this advsr you speak of, and What specific strategies did they use to help you get back on track?

[@AngieLayman27]

There are many advisors to choose from. But I work with Jennifer Alaine and we've been working together for years and she's fantastic. You could check her if she meets your requirements. Just research the name. You’d find necessary details to work with

[@AureaBrereton865]

i appreciate this share .I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me. her certifications and credentials are impressive

[@CaryTriana]

Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.

[@SylviaJoe6]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@KarinaMilan4]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@ArmraJames0]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@KarinaMilan4]

Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@AmeeraFry5]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

[@dotkyo89]

All according to plan, right, freeland?

[@ron.mexico.]

Come on man…She has nothing to do with this. lol her job is to spend money we don’t have.

[@BeyondLumination]

Bank of Canada is directly responsible for inflation while Minister of Finance indirectly affects it. So Freeland does have some responsibility.

[@ransom182]

Trudeau kicked my dog!!!!!!!!!!! He also made my wife leave me because of TRANS, and wokeism.

[@ryangell9145]

Wages do not keep up with inflation.

[@parkerbohnn]

In a wage, price spiral wages always lag the inflation rate.

[@24theMoney]

That stone Walrus is worth more than my car.

[@timothyirwin8974]

Looks like something bought at a Canadiana shop located in Yorkdale Mall in the sixties. Classic soapstone.

[@michelhamel8898]

Too many new immagrants causing rental shortage... hence increased inflation... no surprise...

[@CristianEnacheRealtor]

Immigration is expected to slow down significantly over the next three years. Currently, home and rent prices are declining, which is beneficial for everyone. See all my KZbin videos for that.

[@Roguerebel297]

Theyre just making it up now. They can cut it in half if they wanted to

[@ahrick08]

Welcome back inflation🎉 BOC did a good job. More homeless people

[@sar50anga82]

rate cuts not possible...will lead to higher inflation and Cdn Dollar will nosedive...leading to higher rents and Mortgages daily living will be more expensive

[@kevincameron192]

no that's what a rate cut would do right now. We need to increase mortgage defaults as ugly as that sounds, our housing prices are beyond our economy britches to sustain. A rate cut causes the dollar to lose value vs the usd.

[@parkerbohnn]

Finally some good news and the Canadian bond market seems to believe this inflation report unlike the previous 4 reports this year. We all know what happened in America in the 1970's when Paul Volcker cut interest rates too soon. So far Jerome Powell has followed the correct path and will hike interest rates if and when the inflation rate reignites.

[@nairnbaker7385]

Over leveraged housing market and household debt is way too much in Canada. Tiff wants to lower the rate but can't. Lessons will be learned wisdom will be gained. Lets see how woke everyone is in a couple years.

[@parkerbohnn]

His job is the Canadian economy not the housing market.

[@jeffotoole4509]

So what about all those mortgages that renew next year? What happens if it actually goes up? Word on the street with month over month data that’s entirely possible. Wage growth of 5% does not let to 2% inflation without a big recession

[@parkerbohnn]

5 percent wage gains means the inflation rate is somewhere around 5 percent not the 2.9 percent we're told.

[@jeffotoole4509]

@@parkerbohnn you got it

[@theoffspring07]

I didn't think there was going to be a cut in July anyways. It was either a cut in June or July and we got the cut in June.

[@Ittybittykittyclub]

TD bank is your go to? Hmmm..

[@jessefaw]

Confidence to not cut interest rates you mean

[@at6446]

Working in retail making 18/hr. This is insane

[@fabienneisore7831]

Yes tariffs are inflationary. Nothing to do with housing. Just regulate.

[@stephenr6194]

Rate cut cheers leaders must be really upset

[@lilsabin]

😂😂😂😂👌🏾

[@parkerbohnn]

It looks good on them.

[@Krynale]

Same thing happening in Australia

[@parkerbohnn]

But the 5 year interest rate there is a full percentage point higher than in Canada.

[@screugneugneu1]

We will have to accept cutting rates, runaway inflation and lower standard of living as debt is not sustainable

[@esparda07]

Ha, ha...good luck Canada. The Liberals are done... PS. That Chief Economist looked like she's using early 2000's tech and workspace. Goes to show how these banks are catching up to modern times.

[@luclachapelle3499]

Soo much BS per second !

[@JessT-vg7ib]

We need negative interest rates FAST.

[@zomgoose]

🤣

[@parkerbohnn]

They would put the big 5 banks into receivership like what happened to the UK banks which were destroyed by negative interest rate.

[@hankwolbaum4464]

Popeyes girlfriend “Olive Oyl”

[@CristianEnacheRealtor]

IF CUTTING, WILL BE A MIRACLE

[@Grahamhodson0]

A transformative era is upon us, granting you unprecedented control and influence over your choices, from your financial decisions to your voting preferences. The landscape is evolving- financial systems, voting methods, even internet servers are undergoing profound changes into the quantum systems. We are in the midst of a significant transition, and every facet of our lives will be transformed. The current financial system and traditional banks, once pillars of stability, are heading for inevitable collapse, while the grip of governments and elites is slipping. Are you prepared for this imminent shift? Have you established your quantum system account, embracing the new paradigm? Have you converted your fiat currency into XRP and XLM, the digital assets backed by real value such as silver and gold? These transitions will soon render the existing systems obsolete, and you may wake up one day to find your bank accounts and exchanges inaccessible. It's time for action, patriots! Embrace the dawn of the quantum systems era and the restoration of freedom that comes with NESARA-GESARA @followers WHERE WE GO ONE, WE GO ALL. (WWG1WGA) STAY FOCUSED, STAY TUNED, STAY AWAKE.🇱🇷🇱🇷🇱🇷🇱🇷💪💪 Tap on my profile and send me a direct message for proper informations and guidelines about the upcoming bank crash and QFS link

[@parkerbohnn]

That's how it all started in Argentina.

[@CristianEnacheRealtor]

@@parkerbohnn Exactly. But, who needs lower mortgage rates? 1%. Who needs lower prices? 99%? I'm not for the % interest rates. The loss comes from the purchase price too high. I know very well what am I talking.

[@parkerbohnn]

@@CristianEnacheRealtor I parked money in Mexico at double digit interest rates but I'd like to see retirees and savers get some sort of return on their money in this country.

[@CristianEnacheRealtor]

@@parkerbohnn If you have 10%+ in Mexico, safe 100%, that's amazing. There is no such thing here in Canada.

[@ryantaylor5297]

These people are clueless.

[@RichTowsley]

Interviewer talks waaaaayyyy too much. Especially at the beginning. What an amateur

[@Dam-a-fence]

Odds. So you are gambling rambling men and women. I thought so. Quarter million dollar wartime house? Get bent. $100 000 mobile home? Get very bent. We need $50 00 homes, yesterday.

[@thisiscanada8632]

Capital gain holiday

[@arturmarques6480]

😂

[@alternateaccount4868]

Save canada, vote liberal

[@ChrisMCP2]

Ahaha, no. Friday GDP and next year unemployment. They will cut .5

[@Jabsy101]

Inflation always outweighs GDP and unemployment. You can see a free fall in GDP per capita and a tripling of unemployment, but see rates held if inflation remains elevated. Cutting rates with uncontrolled inflation results in Great Depression like conditions vs a severe recession.

[@alberte97]

1990 High interest to control inflation and save the currency even though high unemployment. It is not the other way around.

[@zmumtaz]

Let's increase rates again. Buhahahahhahahaha