Tim O'Neill in Wikipedia
Certainly the average Canadian will find a fair amount in the budget to cheer about.
I don't see any way the Fed can avoid raising rates. The Fed simply has to make it less desirable for consumers to spend.
There's a more distinctive possibility that the Fed will move Tuesday that wasn't there before. It's a possibility that they will move next week but I think they'll definitely move in November and probably another 50 basis points beyond that.
It came as an incredible surprise.
There will have to be much more significant restraint on spending growth than we've seen over the last four or five years.
Once victim, always victim -- that's the law!
(June 02, 1840 - January 11, 1928)
We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.
Your actions, and your action alone, determines your worth.