Rate cut odds higher in Canada compared to the U.S.: strategist

The odds of U.S. rate cuts are diminishing due to the stronger US economy and higher inflation than in Europe or Canada, while a stronger dollar reduces dependence on the 'Magnificent Seven' stocks, says Jeffrey Kleintop, Chief Global Investment Strategist at Charles Schwab. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.