Pyle Wealth Advisory
The federal budget extinguished any notion of a balanced budget in Canada's near-term future and looked more like a reaction to US initiatives.
With interest rates on the rise and the cost of materials still high, Canada's housing sector has some challenges. Increased immigration might help, but it might be another challenge too.
Andrew Pyle appeared on BNN Bloomberg's Morning Markets, where he covered market reaction to the Fed announcement and the Canadian outlook relating to the upcoming Federal budget.
The Federal Reserve didn't surprise us with a quarter-point hike in rates today, and remains committed to wrestling inflation lower.
This week was challenging for investors as we dealt with stress fractures in a few mid-sized US banks. The situation has highlighted the importance of liquidity for banks and depositors.
Andrew Pyle was the guest on BNN's The Open, where he discussed the economic and market outlook.
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