February 21st - can spring be far away....?

As outlined previously - the bond market is softening at this point and we are seeing interest rate pressures ease. Perhaps the interest rates will return to the 5% level in the next few weeks, after the completion of the RRSP season for Canada. The Federal Budget is scheduled for March 19th - so there may be a lull until the budget has come out... I still think the only major problem can be the housing market in the US slowing to the point of taking their economy down - which would spill over to Canada. Also of note the margin on stocks is at an all time high...which means people are borrowing to play the market - could mean a correction is on the way......beware....