Q: I'm trying to assess unit price movement of HYPYT under certain scenarios ..... I have HYPT not HYPT.U ......
1} The Bank of Canada reduces rates in response to Trump's tariffs. Tariff inflation cannot be battled with interest rate increases .....
2} The US Fed also reduces rates as raising them would have no affect on tariff inflation and a possible recession would be Powell's main concern ......
Please comment on my theory and what price action you would expect if I am correct ? Thanks for your terrific service ......
1} The Bank of Canada reduces rates in response to Trump's tariffs. Tariff inflation cannot be battled with interest rate increases .....
2} The US Fed also reduces rates as raising them would have no affect on tariff inflation and a possible recession would be Powell's main concern ......
Please comment on my theory and what price action you would expect if I am correct ? Thanks for your terrific service ......
5i Research Answer:
HPYT is going to respond more to US rates than Canada's. However if Canadian rates decline then...