Interest rate hike tomorrow.

[ajl]

Most betters are calling for 50 basis points tomorrow. I think they will chicken out and hike 0.25 and that is the last hike before the fake canuckistanian economy folds like a cheap tent. Maybe then pickup truck sellers will have to deal under MSRP again.

[LWeber]

Most betters are calling for 50 basis points tomorrow. I think they will chicken out and hike 0.25 and that is the last hike before the fake canuckistanian economy folds like a cheap tent. Maybe then pickup truck sellers will have to deal under MSRP again.

https://www.zerohedge.com/markets/carmax-confirms-demand-destruction-used-car-prices-tumble

Sorry..in bed..on phone

[jazz]

The people that took all that cerb money and used it for home downpayments better have locked in the rates.

[Sodbuster]

Can’t happen too soon, hope the feds man up and raise it up a half point. With chicken little I doubt we see that half point.

[ajl]

Well they went the full 50. I guess the turd hole has figured out that you can't hire goons and mercenaries (a la trucker's convoy emergency measures) with a worthless currency so they will have to try to pursue inflation for a bit with rate hikes. Best GIC rates are in the 3.7% range which will likely beat both the stock market and real estate in 22 now.

[SASKFARMER]

Were at 1% as skippy tries to beat his father's record. Go skippy go. You
****ing fool.

[Old Cowzilla]

Anybody want to take a guess on how far it will go now that the ball is rollin! The 80's still haunt me