"the most aggressive hiker in the world."

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"the most aggressive hiker in the world."

crashonomics

https://crashonomics.ca/douglas-porter/2017-09-11

Looks like BMO has been caught making a bad trade or they wouldn't be stirring the pot. It was 50-50 when it came to a rate hike in September and they were obviously betting on October.

Ian Lee, an economics professor at Carleton University, said the fact market expectations of a rate hike last week were about 50-50 suggests the bank could have offered more information to help keep traders from going down the wrong road.

It's not the BoC's mandate to tip off traders. You guys just made a bad bet, suck it up.

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