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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (4124)	12/29/2003 5:59:25 PM
From: Cogito Ergo Sum	Respond to of 110194

Early Friday, BMO Financial economic strategist Sherry Cooper said in a report that weakness in the Canadian economy suggests lower interest rates are in the offing for early 2004 and could weigh on the loonie. Yeah Sherry is one of the whiners... Message 19615495 EDIT: Of course the codicil to that is we should suck it up and get more efficient.... JMHO

To: MulhollandDrive who wrote (4124)	12/29/2003 6:10:59 PM
From: mishedlo	Respond to of 110194

Is the the new way to support the US$? Everyone gonna cut rates? story.news.yahoo.com The Canadian dollar closed below 75 cents US for the first time since Nov. 6, while stock markets were mixed Friday with investors cashing in on the big gains of the day before. The loonie dropped 0.46 of a cent to 74.78 cents US for a loss of 1.16 cents this week. "I think there's a little bit of a dawning awareness of the possibility of the Bank of Canada cutting interest rates," said Don Drummond, chief economist at TD Bank. The central bank has warned that rates could be cut in the new year to boost the economy and bring the loonie back down to earth.