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Search: Posts Made By: Tableland
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Forum: Canada
Aug 14th 2008, 1:12 pm
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

I expect hikes as well. They can't get out of it. The lower cost of oil* will take months to take effect, and that isn't the only reason for the inflation anyway. Meanwhile, BOE, the Fed, and the RBA...
Forum: Canada
Aug 14th 2008, 12:54 pm
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

Yes he wants to cut rates, inflation says he needs to raise rates, so he .............. holds rates, like a rabbit caught in the headlights. In fact, the BOE's main purpose is to control inflation,...
Forum: Canada
Aug 14th 2008, 12:32 pm
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

Mervyn King says things are going to be OK because borrowers rates are coming down. What he doesn't say is that the MPC is going to have to raise rates to deal with inflation, and this will have an...
Forum: Canada
Aug 14th 2008, 11:53 am
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

I know a couple of people caught out this way, including one mixed up in NR. It's going to get worse as the year proceeds.
Forum: Canada
Aug 14th 2008, 11:37 am
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

You could be right, Loki; like I always say, no one knows the future. However, the big hope of oil reducing inflationary pressure and allowing a rate cut probably won't be enough to save the UK...
Forum: Canada
Aug 14th 2008, 11:25 am
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

There is no chance of this happening (house market improving) for several years, in real or nominal terms.
Forum: Canada
Aug 14th 2008, 9:49 am
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

This is an absolutely ridiculous thing to think. House sales in the UK will not pick up for years. Just yesterday the BOE finally admitted we're about to go into recession, unemployment is up and...
Forum: Canada
Aug 14th 2008, 9:01 am
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

Well I am no financial adviser, so I can't tell you what to do - and this is compunded further by the fact that I don't follow the Canadian markets/economy very closely at all. However, the question...
Forum: Canada
Aug 14th 2008, 8:30 am
Replies: 2,672
Views: 291,770
Posted By Tableland

Re: Exchange rate

The pound, currently found in the bottom of the toilet, is about to go right round the S bend and out of sight for a long time. Luckily for me, the Australian dollar is performing even worse, so even...
Showing results 1 to 9 of 9


 
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