tomorrow the fed reserve in the US will likely reduce the interest rates by 1/4 of 1 percent
this has caused the canadian dollar to spike in anticpation near the 1.05 level.
and finance minister James Flaherty will spew more information tomorrow after the market close - will he destroy the market further like the trust unit debacle of last halloween..or will he reduce personal and corporate taxes.
my bet is he will propose lower taxes of some sort - since they are raking in a surplus of 1 billion per month or more.
wait and see
greygoose out....
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