tag:blogger.com,1999:blog-6436290627248034888.post4296219090088124429..comments2023-06-22T04:45:54.673-04:00Comments on The Great Recession (2008-2010): RIP Free MarketsAdil Burneyhttp://www.blogger.com/profile/15716540441921591613noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6436290627248034888.post-51954150987868829922008-09-22T10:33:00.000-04:002008-09-22T10:33:00.000-04:00A 25 pt cut by the BoC can't be ruled out here, al...A 25 pt cut by the BoC can't be ruled out here, although I doubt that they will move before the Oct 21 scheduled meeting (unless the markets crash). <BR/><BR/>I would also not be surprised if they do nothing with a bias to ease, but I don't buy the talk of a 50pt cut as that would weaken their inflation fighting credentials. <BR/><BR/>Most of the G7 is still holding rates steady so perhaps the BoC will want to err on the side of a hold. Tough call though...Adil Burneyhttps://www.blogger.com/profile/15716540441921591613noreply@blogger.comtag:blogger.com,1999:blog-6436290627248034888.post-80480398915662036832008-09-21T00:56:00.000-04:002008-09-21T00:56:00.000-04:00I have heard a rumour that BOC will drop interest ...I have heard a rumour that BOC will drop interest rates due to the current bank turmoil. ..what do you think about this? Bandaid or softer landing? We had a crazy week...its getting scary out there, thinking of stuffing the mattress ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6436290627248034888.post-46402111752063200072008-09-19T16:59:00.000-04:002008-09-19T16:59:00.000-04:00Would you recommend getting out of money market fu...Would you recommend getting out of money market funds regarding what has happened with these funds in the US? I'm feeling it might be best to move MM funds into short-term treasuries or bonds, but I'm not sure what to do. I can see the quality of ABCP in MM funds getting ever lower and riskier, but I'm not sure how this will affect Canadian banks.<BR/><BR/>Any advice would be highly appreciated. <BR/><BR/>Thanks.Anonymousnoreply@blogger.com