Silicon Investor (SI) -- The First Internet Community

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 : Investing during a Bear Market -- Ignore unavailable to you. Want to Upgrade?

To: TAPDOG who wrote (190)	11/14/1997 10:45:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 226

Tappis, Canada has a resource based economy and because of its relatively small population exports a lot. A weak dollar would be good for resource exports, but is expected to trigger interest rates increases by the Bank of Canada. This would likely be bad for the banks and for earnings in the rest of the economy. Gold mining is also a factor in the Toronto stock indices. Unemployment is very high by US Standards, so the politicians are likely to want interest rates to stay as low as possible. The federal and provincial governments have been reducing their deficits, so they have more room than normal to react to any slowdown. Not sure about Japanese repatriation, but government borrowing is expected to be much lower, so maybe it would not be too big a factor. What does all this mean ... likely that we will muddle through as usual. We are a nation of compromisers, which is why we are so boring. All just my ramblings from the backwoods of Ontario, BWDIK. <<< ggg >>> John