Ryan Sims insights, thoughts, and analysis

Tag: interest-rates

  • Tik Tok Gonna Be Lit!!!

    Well, there you have it – Tiff has dropped rates by 25 bps!!!. Should he have? No, but he caved to political pressure and did it anyways. Oh well, this is going to be a fantastic soul crushing experience coming. The 1 year bond market had dropped 20 bps from the end of May leading…

  • Anyone Have A Pinecone?

    Will he, or won’t he? That seems to be the million dollar question these days. Will Tiff lower rates on June 5th, or will he continue on the status quo of doing nothing? Never before have I ever seen so many people outside of the Capital Markets world worried and watching a central bank announcement.…

  • Peter, Paul and Mark

    When I was a little boy, and growing up in a rural farming town, I often heard some of the locals say that they were going to ” borrow from Peter to pay Paul”. Some of the farmers around were even more vicious, and they were going to ” rob Peter to pay Paul”. I…

  • FIRE!!!!

    The Canadian jobs report is out, and it is fire!!! Canada added 90,000 jobs in April – far exceeding the estimates. All in all it was a decent report with a majority of the jobs being in the private sector for a change, although the part time number was a little high, but all in…

  • Heating Up

    Things are heating up….and I don’t mean the weather. Today was quite the day in interest rate circles. The US released their inflation numbers for March, and they were up a lot more than expected. Inflation stopped cooling down, and heated up in March, reversing a trend of easing price pressures. Instantly on the release…

  • Rise Up

    The title seemed appropriate after the Easter weekend. I am talking about interest rates of course. It seems that the Canadian bond market has a spring in its step these days. After seeing rates bounce around at a lot lower level for most of Q1, it appears the bond market has found new life. After…

  • Hold Raise and Cut

    As central bank meetings roll out around the Globe for March, we are starting to see some interesting surprises. As everyone and their brother expected yesterday, the US Federal Reserve held their benchmark rate. Interestingly enough, only 90 days ago, markets saw the Fed cutting 8 times in 2024, and now that number is down…

  • Lower Inflation is Good……right?

    This morning marked the release of Statistics Canada’s February 2024 inflation report. As we all pretty much know by now, inflation was lower than anticipated, coming in around 2.80% as opposed to expectations of 3.10%. Realtors and mortgage brokers have already bought new printers to print all the new rate sheets with the ” lower…

  • Consider The Source

    I have long held the belief that you should always consider the source whenever taking advice from anyone. God knows there are way too many internet bloggers giving out their opinions these days. Anyways……. Beyond considering the source of someone, we should also consider the source of some things. Today was an absolutely gorgeous day…

  • Here a Creep, There a Creep

    Another day with another data release. This time the US CPI is coming in a little hotter than anticipated. Calls were for CPI to increase .2% in January, but they came in +.3%. The annual rate of inflation moved to 3.1%. Inflation starting with a 3 handle is a lot bigger than inflation starting with a 2 handle.  As…