Posted 11/8/2023, 9:49:39 AM
Bank of Canada Expected to Cut Rates in 2024; Energy Stocks Weigh on TSX as Oil Slides
- Bank of Canada expected to start cutting interest rates in April 2024 according to survey
- Enbridge and other TSX dividend stocks can avoid dividend traps with sustainable payout ratios
- BlackRock says $4 trillion in sidelined cash an issue for investors at Hong Kong summit
- Energy stocks drag TSX lower as oil falls below $80; Nasdaq leads gains in US
- Dollar rebounds for third day as some Fed members leave door open to further hikes