Volatility Alert (VIX)

[foragefarmer]

Canola is up 15% in 3 months so maybe that $53 is at the end of that trend line

End of trend line is 5 years away according to some, and with that Urea will be $2500.00/tonne.

[shtferbrains]

Very rewarding using one's own hard earned dollars to generate more income.

Aren't you the bank stock guy?
Bank stocks aren't something you buy for windfall gains.

[errolanderson]

It’s falling hard now . . . .

Economic indicators sliding as the consumers are spent out. Bank of Canada rate cut next week likely.

[sumdumguy]

Yep, right Errol, I think I saw the sky falling the other day.

[Sodbuster]

It’s falling hard now . . . .

Economic indicators sliding as the consumers are spent out. Bank of Canada rate cut next week likely.

CAD drops to below 72 cents, likely closer to 70 cents if BOC lowers interest rates this week, which will eventually spur inflation. Rate cuts not needed yet IMHO. Thinking this is politically motivated to shore up Liberal government.

[errolanderson]

The restaurant apocalypse sweeping across the U.S. More Cdn closures likely. Rates have to be cut ASAP.

Not sure what parameters central bankers are looking at to protect the economy suggesting inflation is the battle, not the burgeoning debt crisis.

[sumdumguy]

They didn’t have a friggin clue what they were doing keeping interest rates at effectively zero for all those years. Why would you think they know anything now?

[shtferbrains]

Looking a bit panicked this Am?

[errolanderson]

Diesel taking-a-kicking over past week. Crude WTI may challenge next support of $72 per barrel. WCS Alberta oil breaking $60.

Remnants-of-inflation in the rearview mirror (IMO) errol.anderson.substack.com

[errolanderson]

Bank of Canada 1/4% rate cut tomorrow morning represents the 1st central banker in the G-7 to begin cuts.

Plunge in crude oil (down more than $8 per barrel in the past 72 hours) has to be a concern for the BOC.