Every: "AI doubts" Cause Equity Shock

If people start to see A.I. has a South Park Underpants Gnomes quality to it, expect more shocks:

Aye: we got a rate cut – or rather two.

First, the Bank of Canada (BoC) cut 25bp again to 4.50%. As our yes-we-Canuck strategist Christian Lawrence notes, this was mainly priced in. The accompanying Monetary Policy Report (MPR) and press conference highlighted future decisions will be made meeting by meeting and data dependence is key, with upside inflat…