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Daily Archives: April 21, 2023
Canadian stock buyers paying up for negative earnings
About 200 companies in the TSX Composite index are expected to report Q1 earnings over the next month. Although it’s typical for companies to “beat” lowered earning estimates, the earnings trend is recessionary, with a second sequential quarter of negative … Continue reading
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Back to ZIRP?
Good big picture discussion in this segment. When today’s guest was last on this program in early February, he warned that markets were “in La La Land” — meaning they were too optimistic at a time the macro data was … Continue reading
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