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RE: MUST WATCH: The Fed. Pulls A 180 On Rate Hikes, Stocks Scream Higher! By Gregory Mannarino

in #money7 years ago

Nice video Greg. The propping up of the stock market continues, and it seems it will never end. How do you figure Canadian policy makers will react? Poloz sounded pretty hawkish this morning, but if the Fed stops hiking Canada can't afford to move forward with the hike cycle at the risk of currency appreciation and a drop in exports. I wrote a post following the BoC hike this morning highlighting the risks of a sustained hiking cycle to different asset classes, although at this pace it seems like we'll take a while to get there.