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Curtains for the USD? mmmm!

  • SCA
  • Visitor
  • Visitor
16 Dec 2015 14:09 #284019 by SCA
See...you have a few things that are supporting the stock market:

Stable dollar strengthening
Low Interest Rates
Cheap Oil
Tight lending by the banks

Now when you put those factors into the mix, you will find that more money flows into the markets.

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16 Dec 2015 14:10 #284020 by ketchim
More importantly how does this affect Commercial Banks :

what will they do with Consumer Loans, Cerdit cards an Mortgage rates .

Recall 18% mortgages back in the 80s

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16 Dec 2015 14:10 #284021 by chairman

more than likely raise borrowing rates

Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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16 Dec 2015 14:12 #284022 by ketchim
Bond Market should be the least concern for the average Citizen

as well as the Dow , as well as GDP.

Credit cards, Car Loan , Mortgages et cetera .

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16 Dec 2015 14:13 #284023 by ketchim
Bank of Canada raise 25 basis points

which is really the overnight lending rate to the Commercial Banks

The commercial banks then raise a full point to the Citizens  >:(

send people mortgages Crazy

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16 Dec 2015 14:14 #284024 by chairman
wells fargo has just raised their price. hhhaaaaaaaaaaaaa

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16 Dec 2015 14:15 #284025 by chairman
its gonna be a bloodbath.


shorttttttttttttttt

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16 Dec 2015 14:15 #284026 by ketchim

Hope your Mortgage NOT coming up for RENEWAL

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16 Dec 2015 14:16 #284027 by chairman
.25 is not an issue

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16 Dec 2015 14:16 #284028 by chairman
well fargo prime 3.50

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