Canadian financials looking hauntingly familiar?

Posted on January 9, 2012 by Danielle Park

This updated overview of the Canadian financial sector (XFN) offers some cause for pause.

Source:  Cory Venable, CMT, Venable Park Investment Counsel Inc.

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One Response to Canadian financials looking hauntingly familiar?

  1. Vijay Nathani says:
    January 9, 2012 at 8:17 pm

    There is one small difference. The governments can learn from their previous mistakes. I suspect that this time the QE (Quantitative Easing) will occur faster, because now the printing presses are ready to print at the slightest indication of downturn. Governments want to delay D-Day as far as possible.
    I suspect that this time will not be a exact duplication of 2007 / 08.

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