Thursday, July 24, 2025

La_conjoncture

 From the Globe and Mail:

https://www.theglobeandmail.com/business/article-ecb-to-keep-rates-steady-after-seven-consecutive-cuts-us-trade/

Awesome: the Euro Zone is currently at 2% inflation and 2% prime rate. And they expect

to cut a deal with the US at 15% tariffs. 

Wondering how Canada will compare. Our prime rate is currently at 2.75% so it is more

pricey to borrow to invest, but then we are looking for foreign investors who are comfortable.

Then again, we are competing for them with the US who - under this Administration - offer

deals on corporate taxes.

Eye of the needle to get through this conjoncture...

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