The narration of reflation and ‘Great Fiscal Rotation’ imply that the Fed will hike interest rates in a more aggressive way in a response to accelerated growth and higher inflation. We have already covered the Fed’s likely policy in 2017 in the previous edition of the Market Overview, but let’s discuss the impact of higher interest rates for the U.S. dollar and gold once again. It is widely believed that higher interest rates are bullish for greenback and bearish for the yellow metal. Is that really so? Some analysts do not agree with that opinion, pointing out that the U.S. dollar did not rally during Fed tightening cycles. Therefore, the hawkish Fed may be actually good for gold, they argue.
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Spring will very soon have sprung — which means “For Sale” signs will be in full bloom — and if you’re hoping to buy a home this year, get ready for a competitive market. Thanks to the Federal Reserve’s continuing rate hike teases and some economic improvements, you can expect to run into plenty of other people while looking at prospective properties.
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Albertans can expect a few more years of rising electricity costs during the provincial phase-out of coal-fired electricity in favour of renewables and natural gas.
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Owning real estate and having a mortgage is a right of passage for most Americans. Mortgage debts can mount up well over $100,000.
After two difficult years, Alberta’s economy is climbing out of recession, but the Conference Board of Canada warns the road to a full recovery will be long.
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Although crude oil inventories in the U.S. are expected to rise, the global oil market is showing signs of tightness and will continue to see crude stocks draw down, Goldman Sachs has said in recent note.
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Get yourself a ruler, a pencil and a piece of paper. Place the ruler at about 45 degrees and draw a line upward across the page.
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America’s loss could be Calgary’s gain.
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Strathcona County is hoping to manage its long-term debt.
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Heartland Housing Foundation (HHF) has asked for just a smidge more space to make their seniors affordable housing complex a success.
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