Canadian Market Direction Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Canadian Market Direction

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: technbio who wrote (4)	6/2/1997 8:57:00 AM
From: Jan Johnstone	of 35

Here's a brief synopsis of what the Bank of Montreal economists think will happen to markets, depending on outcome: Market reactions( BoM ) It appears that a Liberal majority would be the most market friendly of any of the likely outcomes. Markets like stability, and a Liberal majority would likely mean the continuation of Paul Martin's reign as Finance Minister. It is generally acknowledged that Martin has done a good job of improving Canada's fiscal situation - to the point where surpluses appear likely within the next two or three years. A poor showing by the BQ would be seen as a positive for markets. Markets would also be pleased if the Conservatives took over as the official opposition. However, this latter appears unlikely. If there were a minority, a Liberal-Conservative coalition might be a positive for markets, particularly as this would require a common front on the national unity issue. A Liberal-NDP coalition would be a negative. However, minority governments in whatever form tend to be short-lived, thus creating more uncertainty which markets abhor. Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next