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Daily Archives: January 18, 2019
Negative cash-flow companies and households bad for banks
At their peak last October, the six largest Canadian banks traded at an average price of 1.9x book value. This was similar to the cycle high in U.S. bank shares in 2007 just before an 83%+ price plunge (XLF) returned … Continue reading
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Danielle’s biweekly market update
Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.
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