Should You Buy Dynamite Stock While it's Below $15 or Wait Until Rate Cuts?

Should You Buy Dynamite Stock While it's Below $15 or Wait Until Rate Cuts?

Canadians received a rough surprise last week when the Bank of Canada announced it would hold interest rates steady. And now, it might mean people are tightening their belts, wallets, and everything else. That includes the stock market, where it can already feel like a bit of a guessing game, especially for new companies like Groupe Dynamite (TSX:GRGD). This Canadian company sells clothes and has been getting some attention lately. As of writing…

The Bank of Canada Holds Steady, But More Cuts Should Still Be on the Way - Integrated Mortgage Planners

The Bank of Canada (BoC) held its policy rate at 2.75% last week, which it considers to be the mid-point of its neutral range (the level where it is neither stimulating demand nor restricting it). The Bank decided that it was best to stand pat while waiting to see how US President Trump’s on again/off again tariff threats play out. I thought there was enough justification to cut again last week, but it’s hard to fault the BoC for pausing in the …