@@beaviswealthCAD being weak has its advantages. Foreign investment will hopefully come up and we can get some new money in the economy our GDP was pathetic this past couple of quarters
I like that the Fed is more careful. I am not very certain about what we are doing here in Canada, I would have like a more cautious approach and await the tariff impact and the Ontario election, man that is a lot of uncertainty in this market. But, as always, time will tell.
@@Lagerquist55it's not about stimulating demand though, it is to allow the government to refinance older debt into lower rates. It actually comes at average people's expense, and that is why borrowing costs are remaining stubbornly high.
Thanks for sharing such valuable information! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). Could you explain how to move them to Binance?
I'm taking a defensive approach and selling off some stocks that are at record highs. This allows me to have 10% to 20% of my portfolio in cash. If there is a trade war, I can take advantage of a market correction. If nothing happens, I can just move that money back in at a slightly higher price point.
Way too much when the US is still 4.25-4.5%
Difference is Canada is hitting inflation targets while US isn't yet.
GDP is also sluggish.
Don't worry. Zero interest rates coming back in USA woth enormous QE.
@@harsharao3555I dunno about zero interest rate but the US will definitely be cutting rates come March
@ Even if inflation hits 0, if the Canadian dollar drops to 0.6, we're screwed.
That's because our mortgage are mostly varriable or fix 5 year while theirs are fix 30 year. Whe got squize faster than them by rates.
Canadian peso on route
How about cut taxes?
Thanks Marc. I appreciate your time and effort putting these videos together- I learn a lot from you.
My pleasure, Dustin. Thank you.
great free knowledge!!! thanks for the video.
Always! Cheers.
As Canadians renewing mortgage should we get variable or fixed
Please help
Thank you, Marc.
You're welcome, of course. Cheers.
We meet again lol evadeanu1 😂😂
@ yes. Hi Chad, hope you’re doing well.
CAD will drop versus USD
It was kind of strange this morning.... CAD opened up v USD, but ended the day down. That's more what you'd expect.
@@beaviswealthCAD being weak has its advantages. Foreign investment will hopefully come up and we can get some new money in the economy our GDP was pathetic this past couple of quarters
I like that the Fed is more careful. I am not very certain about what we are doing here in Canada, I would have like a more cautious approach and await the tariff impact and the Ontario election, man that is a lot of uncertainty in this market. But, as always, time will tell.
Our GDP has fallen off a cliff we have no choice but to cut to incentivize more spending.
@@Lagerquist55it's not about stimulating demand though, it is to allow the government to refinance older debt into lower rates. It actually comes at average people's expense, and that is why borrowing costs are remaining stubbornly high.
Thanks for sharing such valuable information! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). Could you explain how to move them to Binance?
You are awesome 🫡
Election year 🤔
The Canadian Economy is Doomed
I'm taking a defensive approach and selling off some stocks that are at record highs. This allows me to have 10% to 20% of my portfolio in cash. If there is a trade war, I can take advantage of a market correction. If nothing happens, I can just move that money back in at a slightly higher price point.
❤🎉
Well not for long, once the tariff relief package kicks in back up she’ll go.
Might as well call it the capitalism relief package, god forbid they let the market figure out how to deal with economic realities
What would happen to Canada with regards to our economy and things like OAS, CCP, GIS, etc. if Canada became the "51st state?" Any theories??