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To: philv who wrote (3566)3/4/2003 10:58:12 AM
From: 4figureau  Respond to of 5423
 
Yes...well the "K" Winter is in its 4th week (first week being 2000) will no chance of the groundhog seeing its shadow for a very, very long time IMO. ;)



To: philv who wrote (3566)3/4/2003 11:14:39 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 5423
 
fascinating implications for Canadian hike in interest rates

Canada will continue to attract foreign capital

no shortage of lendable and borrowable funds to finance real growth opportunities, such as mineral and resource ventures

growing stock markets in the miners and developers, felt especially by American investors, who realize that equity dividend premium from the C$

rising C$ versus the permanently crippled USDollar
(predicted in my article)

harsh contrasting force for the USTreasury debt market, which will soon witness rising rates in order to continue to attract foreign capital, in an environment so dangerous whereby $3 billion per day is needed to finance trade gap and federal deficits

a challenge and decline coming to Canadian real estate, from rising mortgage rates, which will carry over into the USA... if the surge in the Canadian economy is more than what I expect, supply might be overwhelmed by demand... the greater this phenomenon, the worse the US will fare in contrast (very complex issue)

a trendsetting move by Canada and its leaders

very impressive move, very bold, worthy of respect

/ jim