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Dollar up versus euro on Merkel exit news, U.S. data supports

Published on Reuters October 29, 2018

Karl Schamotta, chief market strategist at Cambridge Global Payments, comments on news German Chancellor Angela Merkel would not seek re-election as head of her CDU party in an interview with Reuters. Read the full article here: https://reut.rs/2AxIhcO

Market jitters lead to more declines as investors face growing risks

Published on CBC October 26, 2018

“The Trump administration’s double-barrelled stimulus package is beginning to lose steam — tax cut impact was heavily front-loaded, and historical evidence would suggest that the ‘multiplier effect’ associated with government spending will diminish quickly,” said Karl Schamotta, chief market strategist at Cambridge Global Payments, in an interview with CBC News.  Read the full article here: https://bit.ly/2Ri7HR3

Sean Coakley discusses BOC’s interest rate hike with CBC Radio One

Published on New news source October 25, 2018

Calgary  – CBC Radio One spoke with Cambridge’s Sean Coakley regarding the Bank of Canada’s interest rate hike and how it may affect homeowners and consumers in Alberta. Listen to the discussion here: https://bit.ly/2D1GcIJ

Canadian dollar will continue to lag the U.S. dollar: Market strategist

Published on BNN Bloomberg October 24, 2018

Karl Schamotta, chief market strategist at Cambridge Global Payments, joins BNN Bloomberg to provide perspective on the implications of the Bank of Canada’s latest rate hike, his monetary policy outlook and what it all means for the Canadian dollar.

Watch the video here: https://bit.ly/2EJ1CMi

Bank of Canada rate hikes limiting homebuyers, cooling resale side of housing market

Published on BNN Bloomberg October 24, 2018

John Pasalis, president at Realosophy Realty, joins Karl Schamotta, chief market strategist at Cambridge Global Payments and BNN Bloomberg’s Jon Erlichman, to discuss the implications of the latest Bank of Canada rate hike on the real estate and mortgage markets.

Watch the discussion here: https://bit.ly/2RcwiHc

What the Bank of Canada rate hike means for your pocketbook

Published on BNN Bloomberg October 24, 2018

On the heels of the BOC raising its benchmark interest rate to 1.75 per cent, Cambridge’s Chief Marketing Strategist Karl Schamottta, CTV’s Pattie Lovett-Reid and BNN Bloomberg’s Dale Jackson discuss the implications for homebuyers, including the merits of variable versus fixed-rate mortgages. They also discuss investing in fixed income versus equities in a rising rate environment.

Watch the discussion here: https://bit.ly/2Shg9kR

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