I've read that it's looking like the BOC will do a bigger cut of 0.5% on Wednesday. Will this positively or negatively impact Canadian companies? How should I be thinking about this cut? I'm not looking to do anything risky or foolish, I'm just curious and want to learn how our bank rates impact Canadian companies/market or if it's just a crap shoot$Royal Bank of Canada (RY.CA)$$The Toronto-Dominion Bank (TD.CA)$$Bank of Montreal (BMO.CA)$
What do people think of this? Conspiracy theories or valuable facts? The CPI chart on the home page reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI ...
$Bank of Montreal (BMO.CA)$never had this stock before but had to jump in after that weird drop yesterday. I'm sure glad I did. I wish I had bought earlier in the morning
3 rate cuts and the US fed still hasn't made a move. RIP to everyone that was convinced the CAD would come crashing down$Bank of Montreal (BMO.CA)$
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Big Five Big Five
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
Samanthaa : Always good buy on BMO