Tuesday, March 27, 2007

canadian economy still moving

i belive the economy will be shown to be growing at a reasonable rate overall. the Quebec election will allow the canadian dollar to strengthen promoting the possibility of stable or lower rates - while inflation if it continues will prompt higher rates - therefore the 2 forces should result in relatively stable rates. - time will tell....keep your eyes on the government bond market.
Securitization and market backed securities have helped to keep interest rates low - due to the provision of a large pool of mortgage funds - assuming no major surprises in the economy this should continue.

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